Kevin Hassett, advisor to Trump’s administration, regularly meets Jerome Powell, the Federal Reserve chairman. These discussions are deemed independent, allowing presidential perspectives to influence monetary policy.
Lower interest rates are seen as positive for cryptocurrencies like BTC and other risk assets. The current inflation rate of 3% impacts market expectations for potential interest rate adjustments.
Jerome Powell suggested no urgency in adjusting rates, raising doubts about cuts in 2025. Currently, only 3% of market participants foresee a rate reduction in March, demonstrating a cautious mood in the market.