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Mathew Yanek
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“The Fed Keeps Interest Rates Unchanged Amid Rising Uncertainty and Risks of Stagflation”
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President Donald Trump firmly rejected the idea of reducing the 145% tariff that the United States is imposing on imported goods from China as a way to encourage trade negotiations. When asked at the White House whether he would consider lowering tariffs to initiate talks with China, Trump gave a definitive answer: “No.”$BTC
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Opening Statement: The economy remains stable. Inflation has come down but remains above the 2% target. Risks of both high inflation and rising unemployment are increasing. Q1 GDP was affected as companies imported large volumes of goods ahead of tariff implementation. The labor market remains strong at present. The recent rise in inflation is not entirely due to increased consumer spending — tariffs are likely a contributing factor. For these reasons, we have decided to maintain the current interest rate. The scale of this tariff announcement is larger than we had anticipated. Tariffs may increase both inflation and unemployment. Tariff-driven inflation may be temporary — or it may persist… no one knows for sure. Our mandate is to ensure that any inflation caused by tariffs remains temporary.$BTC
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Tether mints 1 billion USDT.#Tether 🚨🚨🚨
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The Himalayan nation of Bhutan has partnered with Binance Pay to enable cryptocurrency payments across its entire tourism ecosystem. This integration, carried out in collaboration with Bhutan’s Druk Holding and Investments (DHI) and Bank of Bhutan (DK Bank), allows visitors to the country to pay for expenses such as airfare, visa fees, hotel accommodations, entry tickets to heritage sites, tour guides, and even street food from roadside vendors using cryptocurrency. This small Himalayan country has adopted a strong pro-crypto stance in recent years, even accumulating Bitcoin as part of its national reserves.$BTC
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Eric Trump said: “I love Bitcoin. I own quite a lot, and so does Trump. You will see it grow exponentially.”$BTC #EricTrump
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