Bitcoin News

No Rate Cut: Powell’s Steady Hand Defies Political Pressure; Crypto Gains Amid Equity Retreat

No Rate Cut: Powell’s Steady Hand Defies Political Pressure; Crypto Gains Amid Equity Retreat


Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment. FOMC Monetary Policy Unmoved At its first 2025 gathering on Jan. 29, the Federal Open Market Committee (FOMC) observed that “economic activity has continued to […]

Click Here to Read the Full Original Article at Bitcoin News…