Fed Chair Powell Casts Doubt on December Rate Cut as Crypto Markets Drop

TLDR Federal Reserve Chair Jerome Powell said a December rate cut is “far from certain” after the Fed delivered a 25 basis point cut in October Bitcoin fell to nearly $108,000 and Ethereum dropped below $3,910 following Powell’s cautious remarks about future rate cuts The Fed ended its balance sheet runoff program starting December 1, […] The post Fed Chair Powell Casts…