- Trump expects massive rate cuts to be announced soon.
- But, by how much is still yet to be known.
- Will October see a rate cut when the odds are at 98.9%?
Following the $20 billion crypto market liquidation event, the stock market has been taking major losses as well. Only gold and silver prices are on the up and up, hitting new ATH records. Amidst the aftermath, Trump expects massive rate cuts to be announced soon. More rate cut announcements would be perfectly in line with Trump’s goal to completely offset the US national debt.
Trump Expects Massive Rate Cuts to be Announced Soon
Over the past few weeks, the financial communities have been humoring a rumor about Trump’s latest plan to offset the US national debt and strengthen the US Dollar. In particular, this rumor began with the possibility of Trump and his team triggering the $20 billion crypto market liquidation event by announcing the tariff war escalation with China and wiping out all longs and leverages in the market.
While most analysts believed the event to be a peak market manipulation tactic, one analyst said the dump was inevitable and Trump’s announcement only acted as a catalyst. However, another observation fed fuel to the rumor, which is the falling price of BTC despite a total market reset. Why is the market bearish despite the many bullish signs supporting a parabolic pump possibility?
Now, the rumor lets most financial experts believe that Trump and his team are suppressing crypto prices at the moment and pumping the price of gold and silver. This is so that the US government can use the pumped prices of gold to offset their national debt and strengthen the US dollar. Once the debt has been eliminated, the plan is to pour all those funds into Bitcoin and other promising crypto assets, via the nation’s established reserve and stockpile.
Will October See a New Rate Cut?
Another move in the space that could support Trump’s strategy to offset the national debt at a faster and more efficient rate while saving the country billions is an announcement from the Federal Reserve Board about another rate cut. The September rate cut announcement came as a welcome move for Trump, who had been calling for a 3-point rate cut since the start of Q3. Now, another rate cut is expected.
According to the post above, a Fed rate cut announcement in October is 98.9% likely. Fed Chair Jerome Powell hinted at a possible altcoin surge going ahead. How high will this latest rate cut announcement be? Will it meet Trump’s initial hope of a 3-point rate cut? Time will tell, and the many bullish and bearish signals in the crypto market will react according to the market favor.
