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Why Is Fed Not Cutting Interest Rates? Shocking Powell Testimony
Why Is Fed Not Cutting Interest Rates? Shocking Powell Testimony
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BTCCSquare news:
Federal Reserve Chair Jerome Powell's latest testimony has left markets questioning the central bank's reluctance to cut interest rates, even as Wall Street and political figures like Donald TRUMP apply pressure. The unexpected market rally following his remarks has only deepened the intrigue.
Cryptocurrency traders are closely monitoring the situation, as Fed policy decisions often ripple through digital asset markets. Bitcoin and Ethereum, typically sensitive to macroeconomic shifts, could see volatility if rate cut expectations continue to diverge from reality.
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