Fed’s QT to End Soon, But Powell Warns Congress Threatens Rate Control Stability – Crypto at Risk?

Federal Reserve Chair Jerome Powell announced the central bank's three-year campaign to shrink its $6.6 trillion balance sheet could end within months while warning Congress against eliminating the Fed's ability to pay interest on reserves, as gold hit record $4,200 up 59% year-to-date.

The post Fed’s QT to End Soon, But Powell Warns Congress Threatens Rate Control Stability – Crypto at Risk? appeared first on Cryptonews.