
Federal Reserve Pauses Rate Cuts Amid Trump Administration Pressure: Bitcoin Holds $102K Level
The Federal Reserve adopts “wait-and-see” approach after three rate reductions, citing steady growth and strong labor market conditions. Chair Powell’s pivot on crypto banking services marks significant policy shift, suggesting end of Operation Chokepoint 2.0 restrictions. The tariff uncertainties and presidential influence create complex dynamics for future rate decisions, with minimal cuts projected for 2025….