Loretta Mester Opposes 50 Basis Point Rate Cut: A Divided Fed Signals Market Uncertainty

Federal Reserve President Loretta Mester has publicly voiced her opposition to a 50 basis point rate cut, emphasizing the need for a data-driven approach in response to current economic conditions. Her stance indicates a divided Federal Reserve and could significantly impact market expectations, particularly within the cryptocurrency sector where assets like Bitcoin (BTC) and Ethereum (ETH) are heavily influenced by monetary policy changes.