FameEX Morning Crypto News Recap | June 19, 2025

Fed Keeps Interest Rates Unchanged for Fourth Straight Meeting

The Federal Reserve held the benchmark interest rate at 4.25%-4.50% for the fourth straight meeting, aligning with market expectations.

Trump Slams Fed for Holding Off on Rate Cuts

The Federal Reserve chose not to cut interest rates, prompting criticism from Trump. Since May’s meeting, the Supreme Court has seemingly affirmed Powell’s position, limiting Trump’s ability to dismiss him.

Trump Claims Iran Reached Out, Bitcoin Rebounds to $105K

President Trump announced Iran contacted the U.S., leading to Bitcoin’s rebound to $105,000. Bitcoin’s movement is also influenced by U.S. unemployment data, easing inflation fears. However, markets remain wary of trade tariffs and Middle East tensions affecting oil prices and overall stability.

Multiple Firms Predict Fed Will Cut Rates Before Year-End

Several institutions predict the Federal Reserve will resume rate cuts this year. First Savings Bank anticipates 25 basis point cuts in September and December, while IG Group expects a possible 25 basis point cut in July.

U.S. Tariff Rate Hits 1937 High, Short-Term Inflation May Reach 3%

Former Fed Vice Chairman Richard Clarida warned that inflation remains a concern, with recent data consistently surpassing expectations. In June, U.S. consumer tariffs hit 15.6%, the highest since 1937, potentially pushing short-term inflation to around 3%.

UK Prepares Crypto Asset Limits for Banks by 2026

Bank of England’s David Bailey revealed upcoming regulations before 2026 to limit banks’ crypto asset exposure. To reduce financial stability risks, the proposal would cap holdings in cryptocurrencies like Bitcoin to no more than 1% of total assets.

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