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Trump again calls for Fed Chair Jerome Powell to lower interest rates, saying his termination

can't come soon enough as Bitcoin's rally stalls. It's Thursday, April 17, 2025. I'm Christine Lee.

This is CoinDest Daily.

U.S. President Donald Trump calling on Fed Chair Jerome Powell to cut interest rates on truth social

and complaining his termination cannot come fast enough Thursday.

Yesterday, Fed Chair Jerome Powell raised stark concerns over the effects of President Trump's terrorist policy,

saying they will likely cause higher inflation and slower growth.

In other words, stagflation.

Lekker Capital, CIO Quinn Thompson telling Coin desk, Powell's tone was very hawkish and that a

may rate cut appears off the table, short of some drastic change in the market or economic situation.

Bitcoin is clinging to $84,000 and the crypto markets are slightly rebounding after dipping on Powell's damp outlook.

The allure of gold is increasingly becoming more compelling than ever amid Trump's trade war uncertainty as gold fund flows hit $80 billion so far this year,

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