Bitcoin Surges as Fed Chair Promises Rate Cuts in September

United States News News

Bitcoin Surges as Fed Chair Promises Rate Cuts in September
United States Latest News,United States Headlines
  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Crypto Blog

Bitcoin’s price, much in line with that of the US stock market, has experienced an uptick in Friday’s trading session.

“The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.”Additionally, he also said that they will shift focus to support the labor market, arguing that:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Crypto_Potato /  🏆 568. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warren Tells Fed Chair Powell to 'Cancel His Summer Vacation' and Cut Rates NowWarren Tells Fed Chair Powell to 'Cancel His Summer Vacation' and Cut Rates NowJake Johnson is a senior editor and staff writer for Common Dreams.
Read more »

Bitcoin Hashrate Surges to New High as Miners Realize Losses: CryptoQuantBitcoin Hashrate Surges to New High as Miners Realize Losses: CryptoQuantCrypto Blog
Read more »

Crypto Markets Brace for Fed's Crucial Comments: What's Expected?Crypto Markets Brace for Fed's Crucial Comments: What's Expected?Fed Chair Jerome Powell expected to deliver speech at annual event
Read more »

‘Call This Idiot’: Trump Ordered Cabinet Secretary To Pressure Fed Chair To Cut Rates‘Call This Idiot’: Trump Ordered Cabinet Secretary To Pressure Fed Chair To Cut RatesKyle Khan-Mullins is a Forbes reporter on the money in politics team, investigating megadonors, fundraising organizations and the wealth of those holding or seeking public office. He joined Forbes in 2023 and works in Washington state. Khan-Mullins has covered the fortunes of Donald Trump, other presidential candidates, and Supreme Court justices.
Read more »

Asian benchmarks trade mixed ahead of US Fed chair's speechAsian benchmarks trade mixed ahead of US Fed chair's speechAsian shares are trading mixed, despite some optimism following a rally on Wall Street on better-than-expected profit reports from major companies.
Read more »

Asian benchmarks trade mixed ahead of US Fed chair's speechAsian benchmarks trade mixed ahead of US Fed chair's speechAsian shares are trading mixed, despite some optimism following a rally on Wall Street on better-than-expected profit reports from major companies. Trading is likely to stay relatively quiet ahead of the annual conference of central bankers at Jackson Hole, Wyoming.
Read more »



Render Time: 2025-02-15 14:48:55