Waller Urges September Fed Rate Cut to Boost Cryptocurrency Market

Federal Reserve Governor Christopher Waller has called for a 0.25% rate cut in September, potentially significantly impacting the cryptocurrency market. This move is being closely watched by experts who believe it could offer positive tailwinds for cryptocurrencies. Waller’s strong advocacy for this policy change stems from his belief that the economy warrants a shift towards looser monetary conditions. His conviction, fueled by growing concerns about economic weakness and inflation, has raised the stakes of a potential easing cycle.