Key Takeaways Federal Reserve Chair Jerome Powell stated that crypto assets are becoming more mainstream and the industry is maturing. Powell expressed support for banks engaging with crypto, as long…
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Crypto Currency
Trump says Fed can raise rates if inflation returns, but warns Powell will be “too late for that too”
Key Takeaways President Trump stated he will not fire Fed Chair Jerome Powell despite previous comments. Trump criticized Powell for being slow to reduce interest rates but supports future hikes…
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The Federal Reserve chair “stress[ed] that the path of policy will depend entirely on incoming economic information and what that means for the outlook.”
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Stocks
Trump vs Powell: Who will drive the stock market as the Fed holds its first meeting of the year?
The Federal Reserve’s first meeting of 2025 this week may throw a wrench into the stock-market rally just as investors worry President Donald Trump’s potentially inflationary policies could complicate the…
