Fed Vice Chair Philip Jefferson reaffirms the 2% inflation target as the FOMC holds rates at 3.5-3.75%, signaling prolonged headwinds for crypto and risk

New Fed Chair Kevin Warsh pledges to hold firm on the 2% inflation target while his financial disclosures reveal investments in over 30 crypto projects.

The Federal Reserve's stripped-down forward guidance under Chair Kevin Warsh sparks internal divisions on rates, rattling Bitcoin and Ethereum prices ahead