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Trump criticizes Fed Chairman Powell, calling him 'very stupid'
Trump called Jerome Powell, whom he appointed as Chairman of the Fed, "a very n.u stupid person." This comes after a history of Trump's public criticism of the Federal Reserve's policies. Official channels have yet to confirm or provide further explanation regarding this statement. "I think Powell is a very stupid person." The discussion involved key figures such as Trump, the former President of the United States and the Republican candidate for 2024, and Powell, the current Chairman of the Fed. Trump criticized the Fed's policies during his presidency, a trend that is reflected in his current criticisms. The immediate impact on the financial market seems very small, with no sudden price fluctuations in cryptocurrencies or changes on the chain observed. Industry leaders have not officially responded yet, and current comments are mainly political. Financial impacts may include discussions about the future of the Fed leadership, although no official changes have been announced. Such criticisms have historically affected market sentiment but have not yet caused a direct change in cryptocurrency prices. Observers are still paying attention to any official reactions or potential policy changes. Trump's comments could trigger instability, although the cryptocurrency market currently shows no direct consequences. Traditionally, political criticisms of central bank leaders have led to short-term volatility. However, the cryptocurrency response largely depends on sustainable policy changes. Trump's views align with past criticisms, sometimes affecting sentiment but not causing decisive moves in the market.