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All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely

All Eyes on the Fed: Steady Rates Anticipated, September Reduction LikelyThe U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should adjust the federal funds rate. The prevailing market sentiment suggests that the FOMC members are likely to maintain the current rate this week, with a […]

Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups

Billionaire Chamath Palihapitiya Says Fed Under Pressure To Aggressively Cut Interest Rates – Here’s Why

Billionaire Chamath Palihapitiya Says Fed Under Pressure To Aggressively Cut Interest Rates – Here’s Why

Billionaire venture capitalist Chamath Palihapitiya says economic conditions will force Fed Chair Jerome Powell to cut rates more than once. In a new episode of the All-In Podcast, Palihapitiya says he expects the economy to shrink based on data that Americans have spent all their savings. According to the Social Capital CEO, people relying on […]

The post Billionaire Chamath Palihapitiya Says Fed Under Pressure To Aggressively Cut Interest Rates – Here’s Why appeared first on The Daily Hodl.

Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups