• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Federal Reserve's Impact on XRP Amidst High Interest Rates

user avatar

by Giorgi Kostiuk

6 hours ago


The Federal Reserve (Fed) maintains its cautious stance regarding changing interest rates amid growing pressure from politicians and the financial community. Fed Chair Jerome Powell emphasizes the need to wait for clearer signals before changing the policy course.

State of the Economy and Fed's Position

According to Levi Rietveld of Crypto Crusaders, Jerome Powell made it clear that the Fed is 'well positioned to wait and see' regarding rate cuts. This approach is particularly significant for XRP, whose value proposition is increasingly connected to real-world utility rather than speculation.

Impact of Tariffs and Inflation

In his testimony, Powell noted the impact of tariffs on inflation and economic growth, stating that they are 'likely to push up inflation and weigh on the economy.' While inflation has eased, it remains 'somewhat elevated,' supporting the Fed's decision to keep rates unchanged.

Political Pressure on Fed Decisions

Facing pressure from figures like Donald Trump, Powell remains steadfast, asserting that political factors will not influence the Fed's decisions. This stance allows a focus on lower-risk assets like XRP that address real financial problems.

The Federal Reserve continues to adhere to a tight monetary policy, affecting financial markets and assets. The Fed's position offers opportunities for resilient digital assets like XRP amid economic uncertainty.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Neo Pepe: Meeting Agent Fiat and the Future of Decentralization

chest

Neo Pepe faces new challenges in the fight for decentralization. The meeting with Agent Fiat could change everything.

user avatarGiorgi Kostiuk

Ethereum May Reach $10,000 with Analyst Backing

chest

Analyst forecasts indicate the possibility of Ethereum's growth potentially leading to an altseason.

user avatarGiorgi Kostiuk

Trump's Critique of Powell: Potential Leadership Changes at the Fed

chest

Donald Trump renews criticism of Jerome Powell, calling for his resignation, which may impact financial markets.

user avatarGiorgi Kostiuk

Deribit Conducts Largest Bitcoin Option Closure in History

chest

Deribit witnessed the largest Bitcoin option closure worth $15 billion, which may impact the market.

user avatarGiorgi Kostiuk

Option Closure on Deribit: Impact on the Cryptocurrency Market

chest

Deribit has conducted the largest option closure in history, which could significantly influence the cryptocurrency market.

user avatarGiorgi Kostiuk

Ripple Ends SEC Legal Battle: Brad Garlinghouse's Announcement

chest

Brad Garlinghouse announced the conclusion of the legal case between Ripple and SEC, opening a new chapter for the company.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.