GuShiio.com GuShiio.com learned that Federal Reserve Chairman Powell said that despite Trump’s pressure to reduce U.S. borrowing costs, the Federal Reserve is in no hurry to cut interest rates. ldquo; Because our policy stance is now much looser than before and the economy remains strong, we don’t need to rush to adjust our policy stance. rdquo; Powell said inflation has eased significantly but remains high.
At a Senate Banking Committee hearing on Tuesday, Federal Reserve Chairman Powell said that the Federal Reserve has begun to adjust its regulatory policies in response to debanking in the crypto industry and reiterated that the Federal Reserve supports the stablecoin regulatory framework and will not launch digital dollars.（CoinDesk）
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