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08 May 2025

Fed waits and sees amid tariff uncertainty

Two U.S. states pass a strategic crypto reserve bill, with New Hampshire opening up to allocate 10% of the state’s general fund to buy BTC, while tense crypto legislation discussions erupt in the U.S.
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Fed waits and sees amid tariff uncertainty
The Federal Reserve left its policy rate steady in 4.25-4.50% range adding that the risks of higher inflation and unemployment had risen, further clouding the U.S. economic outlook as its policymakers grapple with the impact of President Donald Trump's tariffs.
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