The post President Donald Trump Discredits Inflation Fears: Is Crypto Market Ready for Rebound? appeared first on Coinpedia Fintech News
President Donald Trump has discredited the inflation fears caused by Thursday’s hotter-than-expected Producer Price Index (PPI). Trump told reporters on Thursday that inflation is down to a ‘perfect number’ thus rejuvenating hopes for a Fed rate cut in September. “Hardly any inflation at all. 401(k) s and the stock are soaring,” President Trump noted. Crypto …