With the market speculating a Fed rate cut in December, Bitcoin has rallied by more than 8% since it went down below $81,000 on Friday. According to Barclays Research, there is disagreement among Fed officials about the future of monetary policy. Moreover, Chair Jerome Powell might signal another 25 basis
President Donald Trump is stirring things up again, saying he might sue Federal Reserve Chair Jerome Powell over the high costs of renovating Fed buildings. At the same time, he’s pushing hard for the Fed to cut interest rates after the latest US CPI data came in at 2.7%, lower
The Federal Reserve is the central bank of the US. It sets interest rates and makes decisions to maintain the stability of the economy. The Fed is supposed to be independent. This means it should not be controlled by the president or politicians. Jerome Powell is currently the Federal Reserve
