Did the Fed Just Royally Screw Up?
13 Articles
13 Articles


The Federal Reserve kept its key short-term interest rate unchanged for the fifth time this year, ignoring President Donald Trump's repeated calls for a cut. The Fed's decision on Wednesday leaves its key short-term interest rate at around 4.3%, a level it has remained at after the central bank implemented three cuts last year. The Voice of Chicago WhatsApp Find more news on our WhatsApp channel. Follow us. Chairman Jerome Powell has stated that…
Below $114K After Fed Disappointment
The post Below $114K After Fed Disappointment appeared on BitcoinEthereumNews.com. Bitcoin Crash Reason: What Caused the Bitcoin Drop? The Federal Reserve’s decision to hold rates steady on July 30 created macro pressure on risk assets. Bitcoin, which had consolidated below the $123K resistance, finally gave in and triggered a cascading sell-off across the market. Crypto tends to perform better in low interest environments, and this “no-cut” pol…
Powell Rebukes Trump by Delaying a Rate Cut
Powell Holds the Line as Trump Turns Up the Heat Fed Chair Jerome Powell held interest rates steady again — a direct rebuke to President Donald Trump, who has been publicly and persistently demanding deep rate cuts. Trump wants a 300-basis-point cut — a dramatic move that would drive rates back to 1.5%, where they […]
US Lags Global Trend on Rate Cuts, Delaying Crypto Rally: Analysts
The crypto market dipped following this week’s interest rate announcement. Fed chair cited caution as the reason behind the latest interest rate decision. Interest rate cuts trigger capital rotation toward the crypto market. Crypto market analysts believe it is only a matter of time before the United States joins other top economies like Europe and China in cutting interest rates. They see this move as the key catalyst for the next major crypto…
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