LIVE: Federal Reserve keeps interest rates unchanged in Powell’s last meeting as chair
Source Cryptopolitan
- The Fed is expected to hold rates at 3.50%-3.75% today in what would be its third straight pause of the year.
- Kalshi bettors see Powell more likely to resign later, with 66% odds by August and 81% by year-end, while Polymarket sees an 87% chance he leaves between May 15 and May 22.
- Kevin Warsh’s nomination has moved forward, and Powell could face questions at 18:00 UTC about whether he is actually leaving the Fed or not.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Tokenized U.S. Treasuries on the XRP Ledger climbed from about $50M to over $418M in one year, an 8x increase.
On-chain data shows Chainlink traders have made their largest amount of exchange withdrawals since December, a potential sign of accumulation. Chainlink Exchange Netflow Has Seen A Sharp Negative
Bitcoin’s valuation against gold has dropped to one of its lowest levels on record — a signal that, historically, has shown up near major market bottoms. Related Reading: Trump’s Bitcoin
Robinhood Markets shares slipped about 6% in after-hours trading Tuesday after the retail brokerage reported a 47% year-over-year drop in cryptocurrency revenue, dragging overall first-quarter results
Silver (XAG/USD) price slipped to $73.42 on April 28, down 2.78%, as a descending triangle on the daily chart points toward a $68 downside target.The setup follows a sharp rejection from the all-time
