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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.

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