Trump presses Powell to reduce again, because the American economy is performing better than in Q2

The GPD report for the second quarter of the year in the United States is out and outlines a more promising image, with an annual rate of 3% in this period compared to that of last year.

Immediately after the news went out, the US President Donald Trump repeated his position that the Federal Reserve must lower the interest rates as soon as today.

Perhaps in an attempt to prepare for Trump’s rates against several important partners, companies were piled up in Q1 this year, resulting in less economic expansion.

The difference in Q2 is fairly clear, given the above increase of 3%, because many of those entities returned to the import. According to For CNN, most experts expected a more modest growth of 2%.

Consequently, the rise in gross domestic product (GDP) in the second quarter of 3% helps Trump’s agenda to insist on an interest rate reduction after the correction of -0.5% that was observed in the first quarter of 2025, which was the first decrease of three years.

Trump: 2Q GDP just off, much better than expected

– *Walter Bloomberg (@Deitaone) July 30, 2025

The potus was fast to praise the development and used it as an opportunity Busy Fed chair Jerome Powell to lower the rates, as he has done several times in the past. In one of those repetitions, Trump even insisted on the most important rate reduction in the history of 3 basic points.

The prize of BTC follows the macro developments in the largest economy in the world, and the movements are closely correlated with the interest rate policy of the nation. It is still considered a riskier active, it tends to take advantage of an environment with lower rates.

This has prevented this in the past year or not. However, under the most recent of all times of more than $ 123,000, it was mapped a few weeks ago, and many experts believe that a potential rate reduction can lead to further profit. However, the opportunities that this will happen later today during the FOMC meeting are very small.