The Federal Reserve has maintained benchmark interest rates between 4.25% and 4.5% amid persistent economic headwinds, diminishing expectations for near-term monetary easing that could impede the ongoing cryptocurrency market rally. Chair Jerome Powell emphasized continued uncertainty in the economic outlook,… Read More »Fed Rate Hold Dampens September Cut Prospects, Threatens Crypto Bull Run
The Federal Reserve announced it will keep benchmark interest rates unchanged at the current 4.25%-4.50% range. This decision comes as financial markets, including cryptocurrencies, monitor potential macroeconomic impacts of sustained higher borrowing costs. Readers seeking further cryptocurrency news updates are… Read More »Federal Reserve Maintains Interest Rates Amid Crypto Market Watch
Former President Donald Trump has urged the Federal Reserve to slash interest rates to 1%, highlighting challenges for American homebuyers and broader economic risks. He argued that elevated borrowing costs disproportionately impact housing affordability, potentially slowing economic growth and limiting… Read More »Trump Calls for Fed Rate Cut to 1% Amid Housing Market Concerns
Former Federal Reserve Board member Walsh has publicly endorsed former President Donald Trump’s demand for the Federal Reserve to reduce interest rates. This development holds significance for cryptocurrency markets, where interest rate policies are closely monitored due to their substantial… Read More »Former Fed Official Walsh Backs Trump’s Call for Interest Rate Cuts
The Federal Reserve is anticipated to maintain current interest rates in its upcoming policy meeting, driven by persistent inflationary pressures and ongoing economic uncertainty, according to Credit Mutuel strategist Francois Rimeu. The central bank’s cautious stance reflects the absence of… Read More »Federal Reserve Expected to Hold Rates Steady Amid Inflation Concerns, Says Credit Mutuel Strategist
The upcoming release of U.S. May Consumer Price Index (CPI) data is expected to significantly impact Bitcoin’s price trajectory, with potential implications for Federal Reserve interest rate policies and broader market sentiment. Forecasts indicate the May CPI will rise 2.9%… Read More »U.S. May CPI Data Release to Influence Bitcoin Prices and Fed Rate Decisions