President Donald Trump has committed to respecting the Federal Reserve’s upcoming decisions on interest rates, a notable reversal after years of publicly pressuring the central bank to cut rates. This announcement comes just days before the Fed’s mid-September 2026 meeting, where a 25 basis point increase is expected, the first rate hike in three years. This decision aims to combat stubbornly persistent inflation despite the central bank’s previous efforts. The legal context has also evolved: the Supreme Court rejected Trump’s attempt to remove Fed Governor Lisa Cook in June 2026, reinforcing the independence of Fed members. This situation could generate volatility in equity and bond markets and affect appetite for risk assets, including cryptocurrencies.
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