Summary
- It was reported that President Trump presented immediate rate cuts as a condition for appointing the next Fed chair.
- "Solid Intel" said President Trump would demand rate cuts when nominating the Fed chair.
- It said there may be volatility in the investment market depending on the next Fed policy direction.
U.S. President Trump is reported to have presented 'immediate rate cuts' as a key condition in the selection process for the next chair of the Federal Reserve (Fed).
On the 9th (local time), virtual asset (cryptocurrency) breaking-news account Solid Intel reported, "Trump will make immediate rate cuts a requirement when nominating the next Fed chair."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
![[Analysis] "Bitcoin could fall once more before the next bull run… may drop to as low as $43,000"](https://media.bloomingbit.io/PROD/news/8c7118c8-560c-45ee-b17c-33941c08bb67.webp?w=250)
![[Analysis] "Bitcoin shows signs of recovering sentiment among U.S. investors… but a strong bullish reversal is still not in place"](https://media.bloomingbit.io/PROD/news/fa06d293-8d64-4e15-8420-70b42038247c.webp?w=250)
![Why did ‘AI coins’ surge on a single remark from Jensen Huang?… Spotlight on the ‘X402 Protocol’ [Hwang Doo-hyun’s Web3+]](https://media.bloomingbit.io/PROD/news/6419edff-0dba-417b-907a-646d2e5c32eb.webp?w=250)
![Is this a rebound signal for 'AI coins'?…"Funds are flowing into strong altcoin names" [Kang Min-seung’s Altcoin Now]](https://media.bloomingbit.io/PROD/news/86e738dd-11da-4cb3-a31e-fad616313653.webp?w=250)