Today, Federal Reserve Chairman Jerome Powell told a Senate Banking Committee that he’s in no rush to cut interest rates. President Trump has agitated for more intense cuts due to high inflation, but Powell remains unmoved.
He also expressed his support for comprehensive new stablecoin regulations and an end to anti-crypto debanking campaigns. Although some in the industry wish for higher rate cuts, his statements were bullish overall.
Steady Interest Rates Might Be Bullish for Crypto
Read More
- Who Is Abby on THE LAST OF US Season 2? (And What Does She Want with Joel)
- DEXE/USD
- ALEO/USD
- Save or Doom Solace Keep? The Shocking Choice in Avowed!
- Discover the Exciting World of ‘To Be Hero X’ – Episode 1 Release Date and Watching Guide!
- Summoners War Tier List – The Best Monsters to Recruit in 2025
- Yellowstone 1994 Spin-off: Latest Updates & Everything We Know So Far
- Who Is Sentry? Exploring Character Amid Speculation Over Lewis Pullman’s Role In Thunderbolts
- ‘He Knows He’s Got May…’: Gwyneth Paltrow Reveals Husband Brad Falchuk’s Reaction To Her Viral On-Set Kiss With Timothee Chalamet
- Drake Announces Collab Album With OVO Labelmate PartyNextDoor; Teases Fall Release
2025-02-12 00:35