Fed Chair Weighs Rate Cuts Amid Crypto Market Turmoil

The global market is facing volatility due to economic turmoil stemming from tariffs imposed by former President Trump, which has significantly impacted both the cryptocurrency and stock markets. Federal Reserve Chair Jerome Powell is considering an emergency rate cut as a potential response to these disruptions. This action could signal the urgency of the situation in light of rising concerns about recession indicators. While Powell remains cautious about declaring the appropriate monetary policy course, he acknowledges heightened risks for inflation and unemployment. 🌎 📉 💰