The Federal Reserve has warned that inflation could remain persistently high during the presidency of Donald Trump, particularly due to potential changes in trade and immigration policies. The Fed indicated caution in lowering interest rates in 2025, which traditionally benefits high-volatility assets like Bitcoin. Currently, Bitcoin's price stands at approximately $93,800, reflecting a slight decline over the past 24 hours. The Fed's December meeting minutes suggest that inflation might be tougher to control than previously anticipated, with concerns raised over Trump's support for trade tariffs, which may further exacerbate inflation. Despite claims that his presidency will benefit the average American financially, Trump's economic policies create challenges for inflation management. The upcoming fresh jobs data release may provide more clarity on these economic conditions, as markets await further developments. Bitcoin and tech stocks have thrived under low-interest-rate environments, suggesting that the outcome of Fed policies will significantly influence these markets moving forward.

Source 🔗