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Wall Street veteran warns Powell’s Fed cut is ‘no panacea’ for crypto
The U.S. Federal Reserve cut its benchmark interest rate by 25 basis points on Sept. 17, lowering the federal funds rate to a new range of 4.00% to 4.25% — its first reduction in nine months. The move, backed by 11 of 12 voting members, came amid weaker labor market data, slower consumer spending, and an uptick in unemployment. Markets had fully priced in the cut. Prediction markets on Polymarket showed a 93% probability ahead of the decision, leaving little surprise for traders. Fed Chair Jerome Powell’s remarks during the post-decision press conference rattled investors with a cautious tone. “Inflation has ... (full story)
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From cnbc.com|Sep 17, 2025|8 commentsThe Federal Reserve is projecting only one rate cut in 2026, less than expected, according to its median projection. The central bank’s so-called dot plot, which anonymously shows ...
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From economics.bmo.com|Sep 17, 2025As expected, the FOMC cut policy rates by 25 bps, with the fed funds target range at 4.00%-to-4.25%. This restarts the rate cut campaign which had been on hold since December ...
From finextra.com|Sep 17, 2025The world is entering its ‘crypto era’. The headlines say it, the wallets prove it and the inflow in capital is speeding up (hello spot Bitcoin ETFs). Yet adoption hasn’t even hit ...
From scotiabank.com|Sep 17, 2025|8 commentsThe Federal Reserve Open Market Committee cut the fed funds policy target range by 25bps as widely expected and priced. Rates rallied at first upon seeing the dot plot of the ...
