Trump Cites Housing Crisis Amidst Fed Rate Cut Debate

President Trump has again criticized Federal Reserve Chair Jerome Powell’s policies, accusing him of hindering the housing market and delaying interest rate cuts. The current situation underscores concerns about economic impact as mortgage rates remain high despite falling inflation. Experts suggest that rate cuts are crucial for alleviating housing affordability pressures, with some pointing to potential losses in the crypto market and volatile trader sentiment as further evidence for Powell’s actions.