The End Of The Fed?—Trump Calls For Lower Rates As Bitcoin Price Plummets
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would end the Fed’s independence, though Powell has vowed to serve out his term, which is due to end in 2026, and Trump has said he doesn’t plan on attempting to fire Powell.
Bitcoin remains resilient around $95K as pro-crypto leadership gains traction, the Fed eyes a policy shift, and institutional adoption begs for bold price predictions.
The inflation numbers were bad for speculative assets because they imply higher interest rates from the Federal Reserve than ...
Analysts expect year-over-year PPI to come in at 3.2%, below December’s 3.3%, with a month-on-month reading of 0.3%, up from ...
Bitcoin’s (BTC) price has dropped by over ... expected inflation data could support the Fed’s patient approach to maintaining higher interest rates, limiting liquidity in crypto markets.
Bitcoin was edging higher on Wednesday, but other cryptocurrencies were having a tougher time of it ahead of a fresh batch of ...
Following two days of meetings on Tuesday and Wednesday, the Federal Reserve Open Market Committee (FOMC) is anticipated to keep interest rates ... price of the Solana crypto token. The ...
Consumer prices rose as expected last month, indicating the pace of inflation remained unchanged in January after ...
Cryptocurrencies are unstable ahead of the Fed interest rate announcement On January 28, 2025, Bitcoin’s price dropped rapidly to $100,000 but rebounded shortly thereafter to $102,000. The ...
US inflation unexpectedly accelerated in January, driving both cryptocurrency and traditional markets sharply lower.
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Bitcoin Tumbles as U.S. Inflation Higher Than ExpectedU.S. inflation unexpectedly marched higher in January, sending crypto and traditional markets sharply lower. Fed Chair Jerome ...
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