Trump States New Fed Chair Must Support Rate Cuts Amid 4.3% GDP Growth
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Economic Growth Surprises: Trump highlighted that the U.S. economy expanded at an annual rate of 4.3%, significantly surpassing the Dow Jones estimate of 3.2%, indicating robust recovery momentum that may support future policy adjustments.
- Monetary Policy Appeal: Trump expressed his desire for the new Fed chair to lower interest rates when markets perform well, arguing that inappropriate rate hikes could hinder economic growth and potentially stall GDP increases.
- Policy Impact Analysis: Kevin Hassett backed faster rate cuts, noting that the U.S. lags behind global peers in easing monetary policy, emphasizing that advancements in artificial intelligence are boosting productivity while alleviating inflationary pressures, which could influence future economic strategies.
- Public Opinion vs. Economic Performance: Despite Trump's economic approval rating being only 37%, Hassett suggested that public sentiment often lags behind economic performance, indicating that future economic improvements could enhance public confidence.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






