Dow Jones Climbs as Fed Holds Rates Steady—Divisions Exposed in Historic Split Vote

Wall Street's old guard gets a caffeine bump as the Dow Jones inches upward—fueled by the Fed's predictable yet fractured 'hold' on rates. Meanwhile, crypto markets yawn and keep stacking blocks.

The Fed's Schrödinger's Decision

No cuts. No hikes. Just masterful ambiguity wrapped in a 5-4 vote that somehow pleases nobody. Traders now left parsing FOMC tea leaves while Bitcoiners laugh over decentralized consensus mechanisms.

Traditional Finance's Theater Season

Another quarter-point performance worthy of off-Broadway—central bankers theatrically 'weighing data' as inflation still runs hotter than a Solana validator node. At least crypto's volatility comes with 24/7 entertainment value.

Funny how 'price stability' always seems to benefit those holding the printing presses. But sure, keep watching those Dow tickers—we'll be over here building the next financial system.

Trump threatens new tariffs on India

Along with pressures on the Fed, Trump is also escalating his threats against U.S. trade partners. On Wednesday, the U.S. President threatened that goods from India WOULD be subject to a 25% tariff, following the Friday, August 1, deadline. He also highlighted India’s purchase of Russian military equipment, for which the country will be paying an additional penalty.

“ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST,” Trump posted.

Markets are now gaining immunity to Trump’s aggressive trade rhetoric. After securing a major win in trade negotiations with the EU, the focus is now on U.S. talks with China.