Chair of the San Francisco Fed, Mary C. Daly, discusses possible changes in interest rate policy based on inflation trends and economic growth.
Rate Cut Prospects
Mary C. Daly stated, "There is a reasonable expectation of two rate cuts in 2025." However, persistent inflation could alter market expectations regarding these cuts.
Bitcoin Market Dynamics
As of April 18, 2025, Bitcoin trades at $84,446.87, with a market capitalization of $1,676,532,389,959.64. Bitcoin holds a market share of 63.07%, having suffered a 0.35% decline over the past 24 hours and gaining 2.65% over the past week.
Market Reactions to Fed's Statement
Analysts highlight that a dovish stance from the Fed regarding rate cuts could positively impact altcoin prices. Financial markets are closely monitoring these developments, with no immediate regulatory shifts reported in response to Daly’s comments.
The Fed's commitment to price stability amidst current economic conditions suggests that while rate cuts may be anticipated, their execution will heavily depend on inflation trends and economic performance.
