Everything is heading towards lower Fed rates, but there is one problem
Gold has peaked at $3,200, 10-year yields have hit the Bessent red line, and the dollar is falling. Trump was saying, "Do something, Jerome Powell, cut rates." Of course, the Fed could have cut rates as early as May if it weren't for the tariffs that are driving up inflation, and even after yesterday's CPI data, the odds of a rate cut in May and June haven't increased.
🇪🇺 The EU is seeking a fully balanced trade deal with the US.
👋 President Trump signed a resolution repealing the IRS' crypto rule targeting DeFi.
🤑 The New York Stock Exchange has approved 2 XRP ETFs, and now it's up to the SEC. According to analysts, XRP has made a splash on Wall Street — it's the future, and it's already here.
#CPI&JoblessClaimsWatch #BinanceAlphaAlert #BinanceVoteToDelist #TariffsPause
