Donald Trump’s Georgia Speech: Market Volatility & New Global Tariffs
Donald Trump delivered a high-impact speech in Rome, Georgia, sending ripples through both political circles and global financial markets. Following a recent Supreme Court ruling, Trump surprised observers with several bold new initiatives. Key Highlights for the Binance Square Community: 1. Reintroduction of 10% Global Tariffs 📈 Despite the Supreme Court previously labeling his tariffs "illegal," Trump remains undeterred. He announced plans to reimpose a 10% Global Tariff using "alternative legal authorities." This move is expected to significantly impact international trade and global supply chains. 2. Sharp Criticism of the Supreme Court ⚖️ Trump described the court's recent decision as "extremely disappointing," alleging that the judiciary is under the influence of "foreign interests." He notably directed harsh criticism toward judges he originally appointed who ruled against his policies. 3. Economy & Inflation: "Inflation is Over" 🏠 Trump made several bold economic claims during his address Inflation: He asserted that inflation is no longer a concern and that prices are actively stabilizing.Housing: He highlighted a decrease in mortgage rates and improved housing affordability as major successes of his platform. 4. $10 Billion for Gaza & The "Board of Peace" 🕊️ In a strategic shift, Trump introduced a new "Board of Peace" and pledged a $10 billion donation for the reconstruction of Gaza. His plan includes the establishment of a large military base in the region, blending humanitarian aid with strategic defense. 5. Election Claims & FBI Raids Trump revisited claims regarding election fraud in Georgia and referenced recent FBI raids, stating he possesses "solid evidence" to support his position. 💡 How Does This Affect the Crypto Market The announcement of new tariffs typically triggers market volatility. For crypto investors, the key will be monitoring how these protectionist policies affect the U.S. Dollar Index (DXY) and institutional "Risk-off" sentiment. Generally, increased trade tensions lead investors toward safer assets, which can cause fluctuations in Bitcoin and the broader altcoin market. What’s your take? Are these new tariffs a boost for the economy or a step toward global instability? Share your thoughts in the comments! 👇 #GlobalEconomy #Tariffs #MarketUpdate #CryptoNewss #BinanceSquare
Fed officials split on where interest rates should go, minutes say
expected the impact to wane as the year goes by.
“Most participants, however, cautioned that progress toward the Committee’s 2 percent objective might be slower and more uneven than generally expected and judged that the risk of inflation running persistently above the Committee’s objective was meaningful,” the document said.
At the meeting, the rate-setting FOMC adjusted some of the language in its post-meeting statement. The changes noted that the risks to inflation and the labor market had come more closely into balance, softening prior worries over the employment picture.
Since the meeting, labor data has been a mixed bag, with indications that private sector job creation is slowing further and that the meager growth is coming almost entirely from the health-care sector. However, the unemployment rate dipped to 4.3% in January and nonfarm payroll growth was stronger than expected.
On inflation, the Fed’s key personal consumption expenditures prices metric has been mired around 3%. However, a report last week showed that the consumer price index when excluding food and energy prices was at its lowest in nearly five years.
Futures traders are placing the best bet for the next cut to come in June, with another in September or October, according to the CME Group’s FedWatch gauge.$BTC #BTC #Fed