đ Fed Pivot Incoming â Will It Put the Brakes on Bitcoinâs Rally?
After a 1% rate cut in late 2024, the Fed has paused further reductions in 2025 under Powellâs âwait and seeâ stance amid rising inflation. Juneâs CPI rose 0.3% MoM and 2.7% YoY, up from 2.4% in May, as core inflation hit 2.9%âall pressuring the Fed to hold rates. President Trumpâs new tariffs, set for August 1, may further fuel inflation, complicating the Fedâs policy path. Trumpâs harsh criticism of Powell raises fresh concerns over central bank independence ahead of Powellâs expected May 2025 exit. The July 30 FOMC meeting and tariff rollout could be key triggers for volatility in $BTC and broader markets.
