🚨 Fed Chair Powell Holds Rates Steady – Crypto Impact

Fed Chair Jerome Powell kept interest rates at 4.25%-4.5%, resisting pressure for cuts despite rising inflation (now 2.7%) .

Key Takeaways:
✅ No September cut confirmed – Markets now eye October .
⚠️ Tariffs driving prices up – Powell warns of persistent inflation risks .
📉 Crypto dipped briefly – BTC fell 0.9% post-announcement .

What’s Next?

Trump vs. Powell feud escalates – "Too Late" jab continues .

Crypto volatility likely until next FOMC (Sept 16-17) .

"The economy doesn’t need rate cuts yet" – Powell .

#fomc #CryptoMarkets #FedPolicy #WhiteHouseDigitalAssetReport $BTC