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The Fed’s Rate Cut Trajectory Remains Intact, Boosting the Crypto Outlook

The trend for inflation is returning back toward pre-pandemic levels of normal, giving policymakers more latitude on interest rates, says Scott Garliss.

By Scott Garliss |Edited by Benjamin Schiller

Updated Oct 18, 2024, 9:11 p.m. Published Oct 18, 2024, 9:11 p.m.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture courtesy of the Senate Banking Committee)