FameEX Morning Crypto News Recap | August 22, 2025

Federal Reserve Minutes Highlight Uncertainty from Trade War, Lower Probability of September Rate Cut

The Federal Reserve's July meeting minutes highlight trade war uncertainties and concerns over an economic slowdown due to revised non-farm data. As a result, market expectations for a 25 basis point rate cut in September have decreased to 68%, while the probability of a 50 basis point cut has dropped to 2%, according to Polymarket data.

August PMI Preliminary Reading Indicates 2.5% Annualized Economic Growth

S&P Global Market Intelligence Chief Economist Chris Williamson noted that August’s strong preliminary PMI highlights solid business performance in the third quarter. The data shows the U.S. economy expanding at a 2.5% annualized rate, well above the 1.3% average in the first half of the year. Rising tariff-related costs are being passed on to consumers, pushing inflationary pressures to a three-year high. With goods and services prices climbing, consumer inflation is set to exceed the Federal Reserve’s 2% target. Combined with a rebound in business activity and hiring, these developments place PMI data in what Williamson describes as the “rate hike zone”.

Fed’s Bostic Notes Inflation Remains Above 2% Goal

On August 21, Federal Reserve official Raphael Bostic reiterated that inflation is still significantly above the 2% target, stressing the Fed’s policy priority remains focused on gradually guiding inflation back to its desired level.

Fed’s Jackson Hole Meeting: Will Powell Signal a Rate Cut Ahead of Time?

The Federal Reserve’s annual Jackson Hole conference will be held Friday at 10 a.m. Eastern Time, a key event for global central banks. Fed Chair Jerome Powell will attend for the last time, drawing heightened market attention. Investors are focused on whether Powell will signal a September rate cut plan in advance or if hawkish policymakers will counter such expectations. The outcome of the conference could shape monetary policy outlooks, making it essential for investors to closely monitor developments and prepare accordingly.

Goldman Sachs Forecasts Stablecoin Market Could Expand to Several Trillion Dollars

On August 21, Fortune reported Goldman Sachs sees the stablecoin market entering a new expansion cycle, potentially reaching several trillion dollars. U.S. Treasury Secretary Scott Bessenet also expressed optimism about the sector’s future growth and long-term prospects.

CFTC Introduces Regulatory Plan for Digital Assets Following Presidential Working Group Guidance

On August 22, acting CFTC Chair Caroline D. Pham announced a new cryptocurrency regulatory sprint aimed at implementing recommendations from the Presidential Working Group’s Digital Asset Market Report. She emphasized that enabling instant digital asset trading at the federal level is a key priority for the Trump administration.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.