“The financial stability tools helped to calm conditions in the banking sector,” said Powell. “Developments there, on the other hand, are contributing to tighter credit conditions and are likely to weigh on economic growth, hiring and inflation,” he continued. “As a result, our policy rate may not need to rise as much as it would have otherwise to achieve our goals.”
Eric Trump bull-posts Bitcoin amid tariff jitters
Key Takeaways Eric Trump expressed bullish sentiments about Bitcoin on social media. Trump predicted that Bitcoin might attain $1 million...