Powell’s Hawkish Pivot Sinks Crypto Despite Rate Cut
The Federal Reserve cut rates but crypto prices still fell. Fed Chair Powell’s unexpectedly hawkish tone on future cuts spooked markets and reshaped trader expectations for December policy moves.
Tag: Federal Open Market Committee
Fed’s Rate Cut Gives Small Businesses Holiday Lifeline
The Federal Reserve’s latest interest rate cut arrives at a critical moment for small businesses. With the government shutdown straining cash flow and holiday season approaching, cheaper capital could provide essential relief.
Fed Governors Split on Rate Cut Size as October Meeting Approaches
Federal Reserve officials are divided on the size of upcoming interest rate reductions, with Governor Stephen Miran pushing for a half-point cut while Christopher Waller advocates for a quarter-point reduction. The disagreement comes amid conflicting economic signals from labor market data and persistent inflation pressures.
Divergent Views Emerge Ahead of Fed Meeting
Federal Reserve Governors Stephen Miran and Christopher Waller have presented conflicting views on how quickly the central bank should lower interest rates, according to reports from the Invest i America Forum. The division comes as policymakers grapple with a weakening labor market and heightened geopolitical tensions that are complicating the economic outlook.