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Will Fed Cut Rates in June? Inflation Fears Trigger BTC Rotation to New Memecoin

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No cuts, no hikes—just more economic pain and investors are blaming it on President Donald Trump. Meanwhile, as crypto crashes, a new meme coin is making headway in the market. The Fed’s May minutes show rates staying locked at 4.2% to 4.5%, reflecting unease beneath the surface. Inflation hasn’t gone anywhere, the labor market is … Read more

Dow Jones, major indices rise as Fed holds rates steady, Powell warns of trade and inflation risks

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Dow Jones, major indices rise as Fed holds rates steady, Powell warns of trade and inflation risks

U.S. stocks closed higher Wednesday after the Federal Reserve kept interest rates unchanged and Chair Jerome Powell acknowledged growing uncertainty surrounding the economic outlook.  The S&P 500 edged up 0.43%, while the Nasdaq Composite rose 0.27% and the Dow Jones Industrial Average added 284 points, or 0.7%. Disney helped lift the Dow after reporting better-than-expected … Read more