Chair Kevin Warsh kept the federal funds rate at 3. 5%–3. 75% and offered no new signals on when cuts—or hikes—might come.
Source: [Decrypt](https://decrypt.co/374672/bitcoin-ethereum-price-fed-holds-rates-steady)
Gundlach said the divergent moves across the Treasury curve showed investors' skepticism that the Fed will ultimately follow through.
Kevin M. Warsh’s second meeting as chairman of the Federal Reserve was colored by internal divisions over the path forward for policy.
The Federal Reserve on Wednesday followed through on expectations for no interest rate change.
ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers, acquisitions and exchange closures.
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.