Fed Maintains Cautious Stance Amid Economic Uncertainty
The Federal Reserve held interest rates steady at 4.25%-4.50% on Wednesday, signaling continued patience as global trade tensions and market volatility cloud the economic outlook. Chair Jerome Powell acknowledged growing instability but emphasized the underlying strength of the U.S. economy.
President Trump’s aggressive tariff policies - including 145% duties on Chinese imports - remain a key concern for policymakers. While the administration pushes for rate cuts, the Fed appears committed to its wait-and-see approach, suggesting crypto markets may face prolonged exposure to macroeconomic crosscurrents.