US-Iran ceasefire fails to increase odds of Federal Reserve rate cuts in June

3h ago•

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The U.S.-Iran ceasefire is not doing much to lift hopes for a June Fed rate cut because oil-driven inflation is still hanging around, and Israel violated the agreement.
The Fed minutes showed most officials saying inflation could stay sticky, just as headline PCE for February came in at 2.8%, and Q4 2025 U.S. GDP growth was cut to 0.5% from 4.4%.
Crypto is also under pressure, with BTC at $71,193.7, down 1.06%, ETH at $2,180.12, down 3.27%, SOL at $82.21, down 2.72%, and XRP at $1.3303, down 3.75%.

3h ago•

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