Share this article
President Trump Pushes Fed to Cut Rates, Says There Is ‘No Inflation’
Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, Trump said.
Updated Apr 7, 2025, 12:58 p.m. Published Apr 7, 2025, 11:30 a.m.
What to know:
- President Donald Trump reiterated his call for Federal Reserve (Fed) rate cuts, citing a lack of inflation and declining oil and food prices.
- Trump's recent tariffs on China have led to market turmoil, with Nasdaq futures and bitcoin experiencing significant declines.
- Trump stated he will not make a trade deal with China until the trade deficit issue is resolved.
President Donald Trump reiterated calls for Fed rate cuts, saying there is no inflation.
"Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long time abused USA is bringing in Billions of Dollars a week from the abusing countries on Tariffs that are already in place," Trump said on a Truth Social post on Monday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Trump imposed tariffs on several nations last week, boosting the total levy on China to 54%, which drew retaliatory action. Since then, markets have collapsed, with futures tied to Wall Street's tech-heavy Nasdaq index hitting the lowest since January 2024. Bitcoin fell to under $75,000 early Monday.
The risk-off, coupled with OPEC's plan to boost production, has driven the West Texas Intermediate (WTI) crude oil per barrel price lower by 16% to $60 in four trading days. A lower crude is known to inject disinflation into the global economy.
Trump's bias for Fed rate cuts is consistent with the market pricing for five Fed rate cuts this year. Potential Fed easing may help markets better absorb the impact of Trump's aggressive tariffs policy, which will likely stay here for some time.
Trump noted in his early Monday Truth Social post that China has made enough for decades while taking advantage of the U.S.
"The biggest abuser of them all, China, whose markets are crashing, just raised its Tariffs by 34%, on top of its long term ridiculously high Tariffs (Plus!), not acknowledging my warning for abusing countries not to retaliate. They’ve made enough, for decades, taking advantage of the Good OL’ USA! Our past “leaders” are to blame for allowing this, and so much else, to happen to our Country. MAKE AMERICA GREAT AGAIN!," Trump said.
Over the weekend Trump said he won't make a deal with China unless the trade deficit issue is solved.
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Bitcoin slips, crypto stocks suffer steep declines, as tax-loss selling drives action, analysts say
Digital asset treasury companies — the year's worst performers — were also hardest hit on Tuesday.
What to know:
- Bitcoin was lower by a bit more than 1% to just below $88,000 on Tuesday.
- Crypto-related stocks were suffering far larger declines.
- Analysts suggest tax-loss harvesting and low liquidity are contributing to the action in crypto markets as the year ends.
- Some analysts remain cautiously optimistic about a potential rally, though significant recovery is not expected until liquidity returns in January.
Top Stories
