Trump thinks Powell will cut rates in September... 👀 https://t.co/L3NOCkkJ0g ...

Money markets add to bets that the ECB will hold rates at 2% through to year-end https://t.co/iTuuSdT7aa ...

Powell didn't cut rates yesterday.But once he does...Bitcoin & Altcoins will explode! https://t.co/oKkUoEeGPr ...

Retail Sales Performance - Australian retail sales exceeded forecasts in the final reading [1] Monetary Policy Implications - Strong retail sales data contradicts recent data supporting a potential interest rate cut by the Reserve Bank as early as next month [1]

I cant believe the guy who said he didn't wanna cut rates did not actually cut rates ...

Federal Reserve (FOMC) and Monetary Policy - The Federal Reserve decided to keep interest rates steady at 45% [2] - Quantitative tightening (QT) continues, with the Fed reducing its holdings of Treasury securities and agency mortgage-backed securities, although the pace has slowed [2][3] - The market is pricing in a higher probability that the Fed will hold rates steady in September [11][48] - Tariffs could cause a one-time price increase, influencing the Fed's decisions regarding rate cuts [26][27][30] Crypto Market Analysis - Lower interest rates and no quantitative tightening typically lead to outperformance of altcoins or higher-risk assets [7] - Bitcoin has outperformed altcoins during quantitative tightening and higher interest rates [7][8][9] - Altcoins have been bleeding against Bitcoin, with altcoins down against ETH (Ethereum) by approximately 45% since ETH went home back in April [8][19] - The industry anticipates all Bitcoin pairs may decline around September or October, potentially due to unmet expectations of rate cuts [15][17] Market Outlook and Strategy - The industry expects the 10-year yield is likely heading back up to 5%, and the dollar is expected to build a base over the next several months, potentially rising in 2026 [20] - Ethereum is expected to break through $4,000 within the next few months [22] - Bitcoin and Ethereum dominance could increase together, with liquidity flowing into these "blue-chip" cryptocurrencies [23][24] - Assets that are performing well are more likely to continue performing well [44]

Monetary Policy - The Federal Reserve maintained its key interest rate [1] - Two Fed governors dissented, advocating for a 0.25 percentage point rate decrease [1] - The President argued against predictions of tariff-induced price increases [1] - The President highlighted a 3% US economic growth last quarter, exceeding expectations [2] - The Fed chair stated the economy is solid despite the trade war, with low unemployment and a strong labor market [3][4] Economic Outlook - Increased imports by some companies ahead of tariffs contributed to economic growth [2] - Higher tariffs are starting to impact the prices of some goods [4] - The overall effects of tariffs on economic activity and inflation are still uncertain [4]

Monetary Policy Stance - The Federal Reserve decided to hold interest rates steady for the fifth consecutive meeting, indicating a pause in rate adjustments [1] - Two Fed governors dissented, favoring interest rate cuts, marking the first time in over 30 years that two governors have dissented at a meeting [1] - The debate centers on whether tariff-related inflation should be treated as a one-off event or a persistent pressure [1] - The Fed is closely monitoring incoming data, including inflation numbers and jobs reports, to make future decisions regarding interest rates [5][6] - The Fed aims to manage inflation efficiently without causing unnecessary damage to the labor market [4] Economic Assessment - The US economy is considered to be in a solid position, with a low unemployment rate and a labor market at or near maximum employment [1] - Elevated uncertainty persists despite the economy's solid position [1] Future Outlook - The Fed has not made any decisions about potential interest rate cuts in September and will evaluate data to determine if the federal funds rate is appropriate [5] - The Fed acknowledges the risk of moving too soon (potentially not fixing inflation) or too late (potentially damaging the labor market) [4]

If it's Wednesday, it's the economy. The president touts a better thanex expected GDP report ahead of another major tariff deadline as the Federal Reserve bucks the president's demands to lower interest rates. Plus, NBC News exclusive reporting on Defense Secretary Pete Hag's potential plans to run for office in Tennessee in what would be a major leadership shakeup for the Pentagon and President Trump's cabinet. And former Vice President Kla Harris says she will not run for governor of California, raising s ...

Joining us now, NBC News senior White House correspondent Garrett Hake, Financial Times US National Editor Ed Loose, and CNBC senior analyst and commentator Ron Insana. Ron, rates remaining unchanged. So, explain to us what that means.>> So, the Federal Reserve is still looking at the the balance of data that it has in front of it. We saw the GDP report this morning, which as you said came in stronger than expected, but when combined with the first quarter, we're actually growing more slowly right now than ...