President Trump is yet again targeting Federal Reserve Chair Jerome Powell, accusing him of stalling on rate cuts and hurting the housing market. With mortgages, interest rates, and even crypto caught in the middle, what is really at stake?\n\nIn a recent post on Truth Social, Trump slammed Powell, claiming that he is crushing the housing market. With inflation under control, he says every sign points to a major rate cut. \"‘Too Late’ is a disaster,\" he added.\n\nJames Fishback, CEO of Investment firm Azoria, also echoed the concerns about Fed policy, noting that last year, mortgage rates spiked because the market expected more rate cuts than the Fed delivered.\n\nThis cycle, everyone wants to sell before the blow-off top. And that's why most people will miss the major rally. Even looking at $BTC, it seems like another leg up will happen in Q4. Global liquidity is back on the rise, while the market is expecting 2-3 Fed rate cuts this… pic.twitter.com/3sgyp4zQp7\n— Ted (@TedPillows) August 18, 2025\n\nThis time, he said, interest rate futures are pricing in almost no moves from the Fed. With inflation at a four-year low, CPI six-month annualized at 1.9%, Fishback believes it’s time for a significant rate cut to bring down mortgage rates and provide relief to homeowners. He claims there should be a 100bps rate cut next month to make up for missed cuts earlier this year.\n\nAccording to data from the CME Fed Watch Tool, there is now an 83% chance of a rate cut to 400–425 basis points. Just recently, the odds had climbed nearly 100%, with some traders even betting for a 50 bps cut. The drop shows rising uncertainty over mixed signals from the economy.\n\nTrump’s criticisms come ahead of Fed Chair Powell’s speech at the Jackson Hole symposium, where investors will be watching closely for signals on the economy and potential rate cuts. The next Fed meeting is set for September 16-17, and while most expect a modest 0.25% reduction, Treasury Secretary Scott Bessent has been pushing for a 0.5 bps rate cut.\n\nStill, some analysts caution that a September cut is not guaranteed. Inflation remains above the Fed’s 2% target, and tariff-driven price increases are adding new pressures.\n\nThe release of the FOMC minutes today will provide more detail on the Fed’s recent discussions on policy, inflation, and the economy.\n\nThe crypto market is down today as Bitcoin dipped below $114K and Ether dropped under $4,200. Major altcoins also saw declines, while crypto-linked stocks like MARA, COIN, and MSTR saw even bigger drops.\n\nData from Santiment shows that retail traders have turned sharply bearish after Bitcoin fell below $113K, marking the most negative sentiment since June. Historically, such extreme fear can signal a buying opportunity for patient traders, as markets often move opposite to the crowd.\n\nNot everyone is bearish. Investor Ted Pillows notes that most investors are trying to sell too early this cycle, which could make them miss the next big rally. He sees another leg up for Bitcoin in Q4, with rising global liquidity and expected Fed rate cuts pushing BTC toward $160K+.\n\nWith Powell’s speech and the FOMC minutes looming, crypto traders are on edge. The coming week could decide whether the market sparks a new rally or faces further losses.

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The article discusses concerns over U.S. Federal Reserve policy, particularly regarding interest rate decisions and their impact on housing and the broader economy. President Trump criticizes Fed Chair Jerome Powell for delaying rate cuts, arguing that inflation is under control and mortgage rates are too high. James Fishback of Azoria and investor Ted Pillows express similar views, citing expectations of significant rate cuts—potentially up to 100 basis points—due to low inflation and rising global liquidity. Market sentiment in crypto is bearish, with Bitcoin and Ethereum declining, though some analysts believe a rally could occur in Q4 as rate cuts materialize. The upcoming Fed Chair Powell speech at Jackson Hole and the release of FOMC minutes are expected to influence market direction.