Trump Promises To Cut Taxes, Slash Regulations, and Boost Incomes

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At a press conference on Tuesday, President-elect Trump commented on the state of the US economy – “Inflation is continuing to rage, and interest rates are far too high.” With Trump set to officially return to office on January 20th, some in the crypto world are buzzing about the possibility of a massive market rally. Trump has said that he will work with Congress to “cut taxes, slash regulations, raise wages and boost incomes at a pace the world has not seen before.”The Federal Reserve is meeting later this month. All eyes are on their next move, as any policy change could impact both traditional and crypto markets.