Crypto Needs Regulation, No Rate Cuts Ahead
The post Crypto Needs Regulation, No Rate Cuts Ahead appeared on BitcoinEthereumNews.com. The financial world is buzzing after Federal Reserve Chair Jerome Powell delivered a high-stakes speech that tackled two hot-button issues – crypto regulation and interest rates. His message is that the U.S. needs clear rules for digital assets, and don’t expect rate cuts anytime soon. Speaking at the Fed’s Division of International Finance 75th Anniversary Conference in Washington on Monday, Powell addressed the growing demand for regulatory clarity in crypto and the persistent pressure of inflation. His remarks struck a careful balance between caution and openness, offering key signals for both crypto enthusiasts and market watchers. Crypto Chaos Needs Control, Says Powell Powell spoke plainly: the crypto market, which is shaken by deception and volatility, requires clear regulation. He went for thorough regulations to safeguard investors. As digital assets like stablecoins and decentralized platforms become more mainstream, agencies like the SEC and CFTC continue to battle over regulatory jurisdiction. Powell emphasized that clear rules would help legitimize crypto, drive out bad actors, and restore trust among both institutional and retail investors. His comments come at a pivotal time for the digital asset space, as it sees more adoption. No Rate Cuts on the Horizon Turning to monetary policy, Powell cooled hopes for an imminent interest rate cut. Despite earlier optimism, the Fed is holding firm as inflation remains above its target. Powell made it clear: rate cuts are off the table until there’s real, sustained progress. Adding to that cautious tone, the OECD recently revised its economic outlook, projecting U.S. GDP growth to slow from 2.8% in 2024 to 1.6% in 2025 and 1.5% in 2026. It also flagged potential risks tied to President Trump’s proposed tariffs, warning these could add further strain on economic growth and policy clarity. Also Read : Key US Economic Data to Be Released…
The post Crypto Needs Regulation, No Rate Cuts Ahead appeared on BitcoinEthereumNews.com.
The financial world is buzzing after Federal Reserve Chair Jerome Powell delivered a high-stakes speech that tackled two hot-button issues – crypto regulation and interest rates. His message is that the U.S. needs clear rules for digital assets, and don’t expect rate cuts anytime soon. Speaking at the Fed’s Division of International Finance 75th Anniversary Conference in Washington on Monday, Powell addressed the growing demand for regulatory clarity in crypto and the persistent pressure of inflation. His remarks struck a careful balance between caution and openness, offering key signals for both crypto enthusiasts and market watchers. Crypto Chaos Needs Control, Says Powell Powell spoke plainly: the crypto market, which is shaken by deception and volatility, requires clear regulation. He went for thorough regulations to safeguard investors. As digital assets like stablecoins and decentralized platforms become more mainstream, agencies like the SEC and CFTC continue to battle over regulatory jurisdiction. Powell emphasized that clear rules would help legitimize crypto, drive out bad actors, and restore trust among both institutional and retail investors. His comments come at a pivotal time for the digital asset space, as it sees more adoption. No Rate Cuts on the Horizon Turning to monetary policy, Powell cooled hopes for an imminent interest rate cut. Despite earlier optimism, the Fed is holding firm as inflation remains above its target. Powell made it clear: rate cuts are off the table until there’s real, sustained progress. Adding to that cautious tone, the OECD recently revised its economic outlook, projecting U.S. GDP growth to slow from 2.8% in 2024 to 1.6% in 2025 and 1.5% in 2026. It also flagged potential risks tied to President Trump’s proposed tariffs, warning these could add further strain on economic growth and policy clarity. Also Read : Key US Economic Data to Be Released…
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