BREAKING NEWS: Fed Chair Hammock Rules Out September Rate Cut 🇺🇸
In a closely watched statement, Federal Reserve Chair Hammock has firmly ruled out the possibility of a September interest rate cut, signaling a more cautious stance on monetary policy. Hammock emphasized that while inflation has shown signs of easing, the Fed remains focused on ensuring sustainable progress toward its 2% target before considering any rate reductions. The announcement comes as markets had been pricing in a potential cut, sparking immediate reactions across equities, bonds, and the crypto market. Traders are now recalibrating their expectations, with risk assets—including Bitcoin and other digital currencies—facing short-term volatility as investors digest the Fed’s hawkish
