Tag Archives: Reserve Chairman Jerome

Bitcoin Trades Sideways After Trump Calls Out Powell Again

Bitcoin Trades Sideways After Trump Calls Out Powell Again

BTC Treads Water as Trump Demands Rate Cut The Fed just maintained status quo last month, clinging to its 4.25-4.5 percent band for interest rates. Their justification? Inflation, that approbatory economic gremlin, “remains somewhat elevated.” But with the June 17-18 Fed meeting soon to convene, President Trump is going to the mat. It is a rather subtle choice of words, …

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