📉 #PowellRemarks | Fed Holds Rates Steady Again
The Fed paused rate hikes for the 4th straight time, as inflation slowly cools.
But Chair Jerome Powell says: “We need more data before we cut.”
Meanwhile, Trump turned up the heat, calling Powell “stupid” and demanding a 2% emergency rate cut to jolt the economy.
🤔 Will political pressure influence the Fed’s 2025 plan of two cuts?
#FOMC #InterestRates #Trump #Powell #CryptoMarkets #MacroUpdate