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Briefly
- Bitcoin’s price fell on Wednesday, while Altcoini were stronger.
- Trump called Powell “stupid” because it is expected that the Fed will hold the interest rates stable.
- The Iranian supreme leader said he would now face a “irreparable damage” if he joined the growing conflict in the Middle East with Israel.
Price of Bitcoin He fell on Wednesday, while US President Donald Trump criticized the president of the federal reserves of Jerome Powell in the middle of the timid tension in the Middle East.
From the White House, Trump invited Powell “stupid”, claiming that US Central Bank “is unlikely to reduce [interest rates] Today, “despite” no inflation “from Tariff.
Bitcoin has recently changed about $ 104,800, which is 0.8% reduced in the past day, said the Crypto Data Provider Co ringecko. Altcoins fell stronger, with Saltworks and Xrp lowering 3.2% to $ 146, or $ 3.1%, to $ 2.15.
The Fed is expected to hold interest rates for the fourth direct meeting on Wednesday, and 99.9% of the FEDO Futures dealers deal with the President, according to CME FEDWATCH.
Although Trump has Repeatedly called At Powell for lower rates, US Central Bank was a UA A way of waiting and looking atHow to assess that Trump’s, again, irreversible approach to tariffs can potentially lead to higher prices and slower economic growth. Trump’s immigration policy could also make concealment of inflation more challenging, fed policy creators positive in December.
With the expected break of the Fed, holding its reference rate at a target range of 4.25% to 4.5%, the US Central Bank will be expected to publish a new set of quarterly economic projections. In March, Fed PolicymymymymyMymems predicted two quarters of a decrease in the point of point this year. Fed projections will also cover key indicators such as inflation and unemployment rate.
Said Marcin Kazmierczak, co -founder and COO modular blockchain Oracle Redstone, said Decipher This Powell press conference after decision-making could contain linguistic axles. If Powell emphasizes the “cumulative effects of splashing”, it would be a naked and subtle recognition that there is a lag between political actions and economic effect, Kazmierczak said.
Meanwhile, the Iranian supreme leader Ayatollah Ali Khamenei warned that he would now face a “irreparable damage” if the country enters the growing conflict in the Middle East, along with Israel, Per CNBC.
Khameni’s warning follows Trump’s threat On Tuesday that the Iranian supreme leader is a “easy target”, while calling for unconditional surrender of Iranian.
Edited by James Rubin
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