Why Crypto’s Rate Cut Hopes Are Premature – The Fed Isn’t Printing Money

Several crypto-related social media accounts are circulating rumors that the Federal Reserve will cut interest rates soon. These center around an out-of-context quote from Neel Kashkari, President of the Federal Reserve Bank of Minneapolis. Susan Collins, President of another regional Fed bank, reiterated the low likelihood of any rate cuts. Currently, the CME Group estimates a 20 source: https://beincrypto.com/federal-reserve-interest-rate-cut-crypto-rumors/