$XRP
๐จ๐บ๐ธ Things just got REAL in the U.S. power corridorsโฆ
For the first time ever, Fed Chair Jerome Powell is pushing back publicly โ and markets felt it instantly.
For nearly 12 months, Powell stayed quiet while President Trump repeatedly criticized the Fed. Every time he was asked, his answer was the same:
โI have no response or comment.โ
๐ด Today, that silence broke.
Facing a new criminal probe by federal prosecutors, Powell stated that the threat appears to be a consequence of not aligning with the Presidentโs preferences. That single remark was enough to shake markets.
๐ Stock futures dropped over 0.5% immediately after his comments.
This is happening right as:
The Fed is expected to PAUSE rate cuts again on January 28
Powell has around 6 months left as Fed Chair
Pressure on Fed independence is clearly escalating
Powell seems to be drawing a line in the sand โ defending the Fedโs independence instead of staying neutral.
โ๏ธ Trump vs Powell = volatility ahead
And we all know what volatility often means for crypto ๐
๐ฌ If you found this interesting, drop your thoughts and share the post.
Thank you for the support โ much love โค๏ธโก๏ธ
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