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Trump demands the Fed reduce interest rates by “at least 3 points”
Trump demands that the Fed reduce rates by at least 3 points to save the US $360 billion a point. The Polymarket bets 95% that the Fed will ignore Trump’s demands this month. Trump considers naming a shadow chair until the current chair, Jerome Powell, leaves office next year.

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Trump administration ramps up pressure on Powell as Fed holds rates steady
Fed chairs vows to stay course on interest rates as Trump ups attacks
White House Escalates Pressure Campaign on Fed Chair by Targeting Its Headquarters Renovation
The Supreme Court said in May that it could block any attempts by the White House to dismiss Powell, noting as part of a separate ruling that the Fed “is a uniquely structured, quasi-private entity.”...

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The White House just took its most aggressive stance yet against Jerome Powell
Can the Next Fed Chair Truly Be Independent From Trump’s Influence?
White House opens new front in attack on Fed chief Jay Powell
Republican members of Congress have attacked the Fed over the cost of the refurbishment, with Senate banking committee chair Tim Scott saying it appeared out of touch when ordinary Americans were str...

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What Trump’s increasingly aggressive attacks on Powell are all about
Trump official criticizes Fed chief Powell as Trump takes aim over interest rates
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Divide inside the Fed is getting stronger, minutes show. Is Powell in trouble?
The Federal Reserve is no longer speaking with one voice, breaking the hearts of economic nerds everywhere. The minutes from the June 17–18 meeting show real
White House budget director accuses Fed chair of violating building rules in renovation
Russell Vought suggested Jerome Powell is in violation of government building rules in the renovation of the Fed’s headquarters.
Gold Holds Steady With Fed Officials Split on Inflation Outlook
Gold held steady after the latest Federal Reserve minutes showed officials are divided over the outlook for interest rates.Most Read from BloombergSinger Akon’s Failed Futuristic City in Senegal Ends Up a $1 Billion ResortAre Tourists Ruining Europe?
Bitcoin Price Forecast: BTC steady around $108,000 as investors await FOMC minutes for Fed rate clues
Bitcoin (BTC) holds steady at around $108,000 at the time of writing on Wednesday as investors adopt a cautious stance ahead of the Federal Reserve’s (Fed) meeting minutes release. In the absence of any relevant market-moving news, market participants are closely watching for signals on the Fed’s potential rate-cut path.
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