May 8, 2025

Bitcoin (BTC) Steady as FED’s Powell Emphasizes Need for More Positive Data Before Rate Cuts

1 min read

FED Chairman Jerome Powell addresses the House Financial Services Committee before key CPI and PPI data is released this week. Emphasizes the necessity for more positive indicators before considering a rate cut. Underlines the need for sustainable progress towards the 2% inflation target to justify lowering interest rates. Insights from FED Chairman Jerome Powell’s recent

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