monetary policy

Powell Navigates Rate Cut Pressure as Fed Holds Steady Amid Trump's Criticism

Powell Navigates Rate Cut Pressure as Fed Holds Steady Amid Trump's Criticism

Federal Reserve Chair Jerome Powell affirmed the central bank's stance on interest rates, holding them steady for the fourth consecutive meeting. This decision follows a great deal of outside influence, most notably ongoing pressure from President Donald Trump to lower rates. Powell's recent speech addressed the state of the economy,...

Central Bank Digital Currencies Could Challenge Altcoins

Central Bank Digital Currencies Could Challenge Altcoins

Central Bank Digital Currencies (CBDCs) are poised to reshape the cryptocurrency landscape, potentially impacting the feasibility of altcoins, particularly those used for payments. Speculative, novel, and decentralized finance (DeFi) assets will be largely insulated. Altcoins like Ethereum and Solana face an uphill battle as they begin to fight off fierce...