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「Fed's Microphone」: Powell Refuses Predetermined Rate Cut Path
By: theblockbeats.news|2025/07/30 23:42:22
BlockBeats News, July 31st, "Fed's Whisperer" Nick Timiraos posted on social media that Fed Chair Powell has taken a "tough defense stance" on whether to cut rates in September.
When asked provocatively "What would trigger a rate cut in September," Powell said, "I will not give a specific answer. We need to observe the evolution of the data, there are multiple possibilities. We will make decisions based on comprehensive data analysis and risk-balanced assessment."
As the Potomac Research Group often says: If we are hungry, we will naturally eat.
Bitcoin fell below $116,000 this morning before rebounding, now trading at $117,365.
Robinhood Q2 Crypto Business Revenue Reaches $160 Million, Slightly Below Expectations
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