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Trump Demands Rate Cuts as Warsh Sends Fed Hike Odds Above 66%
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: While the CME Fedwatch tool shows the chances of the Federal Open Market Committee (FOMC) raising the federal funds rate odds now stand at 66%, U.S. President Donald Trump is once again insisting that the central bank needs to lower borrowing costs. Trump Wants Cheaper Money as Warsh Weighs a Rate Hike In the Oval […] Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH / Bearish altcoins Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike expectations strengthen USD, weakening risk assets like crypto.