News with the tag "Fed rate cut"

The Federal Reserve maintained interest rates at 4.25%-4.5%, reducing expectations for a September rate cut, which caused market volatility but saw cryptocurrencies recover quickly.

The likelihood of a Fed rate cut in September has dropped below 50%, reflecting a shift in market expectations due to economic data and Fed policy priorities.

Traders are reducing their expectations for multiple Federal Reserve rate cuts this year due to shifting economic conditions, impacting market sentiment and cryptocurrency markets.

U.S. President Donald Trump's prediction of a September Fed rate cut has sparked market interest, though its reliability remains uncertain as it lacks official confirmation from the Federal Reserve.

Scott Bessent's stance on the Fed rate cut has significant implications for the cryptocurrency market, influencing investor behavior and market sentiment.

Bitcoin's price dropped below $106,000 amid market caution, influenced by Federal Reserve Chair Jerome Powell's comments and political tensions with President Trump.