Trump Challenges Status Quo with Bold Statements on China and Powell
Main Idea
U.S. President Donald Trump made bold statements criticizing Federal Reserve Chairman Jerome Powell's policies and commented on U.S.-China relations, while Bitcoin's price reached $119,000.
Key Points
1. Trump criticized Jerome Powell, claiming his policies are politically motivated and harming the housing sector.
2. Trump suggested interest rates should drop significantly, proposing a target of 1%.
3. AstraZeneca announced a $50 billion investment in the U.S.
4. Trump hinted that Powell may soon leave his position as Federal Reserve Chairman.
5. Bitcoin's price rebounded to $119,000 amid these developments.
Description
Trump claims Powell will soon leave due to high interest rates. Trump is set to meet Xi Jinping, hinting at policy shifts. Continue Reading: Trump Challenges Status Quo with Bold Statements on China and Powell The post Trump Challenges Status Quo with Bold Statements on China and Powell appeared first on COINTURK NEWS .
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