However, Trump threw that convention out the window when he publicly stated that the Fed should consult the president on interest rates. In February, Trump took to social media to say, “Interest Rates should be lowered.” When the central bank refused to play ball, the Trump administration took matters “into their own hands [by] crashing asset prices in an attempt to force Jerome Powell to cut interest rates,” according to entrepreneur and market commentator Anthony Pompliano.
They raised their 12-month recession odds to 20% from 15%. According to Goldman, the outlook could worsen if the Trump administration remains steadfast in its policies “even in the face of much worse data.”BlackRock’s BUIDL enters DeFiReal-world asset (RWA) tokenization company Securitize has selected RedStone to provide data feeds for its tokenized products, which include BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL).
According to a March 11 filing, Cboe is proposing a rule change that would allow the Fidelity Ethereum fund to “stake, or cause to be staked, all or a portion of the Trust’s Ether through one or more trusted staking providers.”Staking could potentially boost the appeal of Ether ETFs by giving investors access to yields. In February, the Securities and Exchange Commission (SEC) acknowledged more than a dozen crypto-related ETF filings.
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