Fed Nears End of Quantitative Tightening as Powell Warns of Congressional Risks to Rate Stability – What It Means for Crypto

Federal Reserve Chair Jerome Powell has signaled that the central bank's extensive quantitative tightening program may conclude within months, while maintaining the possibility of future interest rate cuts. He warned Congress against actions that could undermine the Fed's tools to control interest rates, emphasizing potential financial market instability. Powell's remarks triggered optimism in crypto markets, with notable figures forecasting bullish trends for Bitcoin and other digital assets. Despite economic uncertainties amplified by a government shutdown, data suggests moderate economic strength. Bitcoin remains technically poised near key resistance levels, with analysts cautioning about possible corrections ahead. The evolving monetary policy landscape and congressional pressures create both opportunities and risks for crypto investors. Continue to read Fed Nears End of Quantitative Tightening as Powell Warns of Congressional Risks to Rate Stability – What It Means for Crypto