XRP ETF Launches on TSX: 3iQ Offers Incredible Zero Fee Deal

BitcoinWorld XRP ETF Launches on TSX: 3iQ Offers Incredible Zero Fee Deal Get ready, cryptocurrency enthusiasts! A significant development has just hit the investment world, offering a new and potentially easier way to gain exposure to the popular digital asset, XRP. Crypto asset manager 3iQ has officially launched an XRP ETF on a major North American exchange, and they’re sweetening the deal with a limited-time offer that’s hard to ignore. The Big Debut: 3iQ Launches XRP ETF on the Toronto Stock Exchange In a move that signals growing institutional interest and accessibility for alternative cryptocurrencies beyond Bitcoin and Ethereum, 3iQ has introduced the 3iQ XRP ETF, trading under the ticker symbol XRPQ. This new fund is listed on the Toronto Stock Exchange (TSX), a prominent venue for cryptocurrency investment products in North America. The launch of an XRP ETF provides investors with a regulated investment vehicle to access the price movements of XRP without needing to directly buy, store, or manage the digital asset themselves. ETFs trade like stocks, making them easily accessible through standard brokerage accounts, including registered plans in Canada. An Unmissable Incentive: The Zero Management Fee Offer Perhaps the most eye-catching aspect of the 3iQ XRP ETF launch is the promotional offer: a zero management fee for the first six months. Management fees, or Management Expense Ratios (MERs), are standard costs associated with owning ETFs, covering the fund’s operating expenses. Waiving this fee for half a year is a significant benefit for early investors, allowing them to maximize their potential returns during that period without the drag of ongoing costs. This zero management fee period is a strategic move by 3iQ to attract capital and attention to their new fund in a competitive market. While other crypto ETFs exist, a zero-fee structure, even temporarily, is a powerful incentive for investors considering exposure to XRP. Why Consider XRP Investment Through an ETF? For many traditional investors, or even crypto newcomers, direct XRP investment can present challenges. These include: Setting up and securing a digital wallet. Navigating cryptocurrency exchanges. Understanding and managing private keys. Dealing with potential regulatory complexities depending on jurisdiction. Tax reporting on direct crypto holdings. An XRP ETF simplifies this. By purchasing shares in XRPQ, investors gain indirect exposure to XRP’s price performance. The fund handles the complexities of acquiring, holding, and securing the underlying XRP assets. This integration into traditional brokerage platforms also makes it easier to include XRP investment within diversified portfolios and registered accounts like RRSPs and TFSAs in Canada. Who Can Access the 3iQ XRP ETF (XRPQ)? According to reports, the XRPQ ETF is available through registered Canadian investment accounts. This means Canadian residents can likely hold units of the fund within their tax-advantaged savings plans, a major advantage for long-term investment strategies. Furthermore, the fund is also accessible globally to qualified investors. However, accessibility depends heavily on local regulations and the policies of individual brokerage firms outside of Canada. Investors should always consult with their financial advisor and check with their brokerage to confirm eligibility and understand any potential restrictions or requirements in their specific location. Navigating the Landscape: 3iQ’s Role and the Toronto Stock Exchange 3iQ is a well-established crypto asset manager in Canada, known for launching some of the country’s first publicly traded Bitcoin and Ethereum funds. Their experience in bringing digital asset products to traditional exchanges adds a layer of credibility to the 3iQ XRP ETF . The Toronto Stock Exchange has also been a leader in listing cryptocurrency investment funds, providing a regulated environment for such products. This combination of an experienced issuer and a reputable exchange helps build confidence among investors who may be hesitant about the perceived risks of the unregulated crypto market. The listing on the Toronto Stock Exchange provides a familiar and regulated trading environment. Challenges and Considerations for XRP Investment via ETF While an ETF offers convenience, it’s crucial to remember that investing in the 3iQ XRP ETF still carries risks inherent to the underlying asset, XRP, and the broader cryptocurrency market. XRP’s price can be highly volatile and influenced by market sentiment, regulatory news (particularly regarding its legal status in various jurisdictions), and broader economic factors. Additionally, while the initial zero management fee is attractive, investors should understand what the fee structure will be after the promotional period ends. Management fees, even if seemingly small, can impact long-term returns. Potential tracking error (the difference between the ETF’s performance and the underlying asset’s performance) is another factor to consider, although reputable issuers like 3iQ strive to minimize this. What This Means for the Future of XRP Access The launch of the 3iQ XRP ETF on the Toronto Stock Exchange is a positive step for expanding access to XRP for a wider range of investors. It provides a regulated, familiar pathway for those who prefer not to engage directly with crypto exchanges or wallets. If successful, this could potentially pave the way for similar products in other jurisdictions (pending regulatory clarity for XRP) and further integrate digital assets into mainstream finance. For those interested in gaining exposure to XRP, the 3iQ XRP ETF , with its initial zero management fee period, presents a timely opportunity to explore. As always, potential investors should conduct their own thorough research and consult with a qualified financial advisor to determine if this investment aligns with their financial goals and risk tolerance. In Summary 3iQ’s launch of the XRPQ ETF on the Toronto Stock Exchange is a notable event for the crypto investment landscape. By offering a regulated and easily accessible vehicle for XRP investment , coupled with an attractive zero management fee for the initial six months, 3iQ is making a strong play to capture market share and provide investors with a convenient option to gain exposure to XRP. While the convenience and fee waiver are compelling, investors must remain aware of the inherent volatility and risks associated with the cryptocurrency market. To learn more about the latest crypto market trends, explore our article on key developments shaping XRP investment institutional adoption. This post XRP ETF Launches on TSX: 3iQ Offers Incredible Zero Fee Deal first appeared on BitcoinWorld and is written by Editorial Team

Read more

Price Pressure Builds: Can BNB Punch Through The Ceiling Or Will 640 Catch The Fall?

BNB finds itself at a pivotal moment as price action tightens between two critical technical zones. After a period of consolidation, the cryptocurrency is testing resistance near the 200-period moving average, hovering around the $653 mark. Meanwhile, support around the $640 level continues to hold firm, acting as a safety net for bulls trying to defend the current structure. 200 MA Acts As A Ceiling Against BNB Uptrend According to Thomas Anderson in a recent X post, the M15 BNB chart reveals that the price is currently testing resistance around the $651.50 level, marked by a horizontal yellow line. Related Reading: BNB Coils For Impact: Will $670 Crack Under Pressure? This move follows a recent bounce off the ascending white trendline support, indicating that buyers are still defending the short-term uptrend. However, price action remains just beneath the 200-period moving average (red line), which is acting as a dynamic resistance zone near the $653 mark. Momentum indicators are offering mixed signals at the moment. The MACD continues to print negative values, showing that bearish pressure hasn’t fully dissipated, while the RSI has started recovering from previously oversold conditions. This combination suggests the potential for a short-term bounce within the ascending channel. M30 And H1 Charts Are Aligning In an updated post, the analyst also went further to examine the BNB M30 chart, where price is currently trading at $650.10 and appears to be consolidating just below the 200-period moving average (red line) situated around the $653 level. This area is acting as a key short-term resistance zone, and price action has shown hesitation around it, reflecting a battle between buyers and sellers. Interestingly, the H1 chart mirrors this behavior, showing a broader ascending channel structure that suggests an underlying bullish bias, though still unconfirmed. Related Reading: BNB Price Reclaims $600 — Is This the Start of a Major Upside Move? The immediate resistance to watch remains near the $653 mark, aligned with the 200 MA on both the M30 and H1 timeframes. If bulls can muster enough strength to break and sustain above this level, it could trigger a fresh wave of upward momentum for BNB toward the next resistance at $657. This would represent a potential continuation of the ascending channel’s structure and hint at growing bullish control in the short term. On the flip side, if price fails to push above the $653 resistance, consolidation may begin to lose steam. In such a scenario, a retreat toward the previous swing low near the $640 level becomes likely. This support area has already proven its strength and could be the next level of defense if bearish pressure increases. Traders are watching closely, as these levels may determine BNB’s next directional move. Featured image from Adobe Stock, chart from Tradingview.com

Read more

Analyst to XRP Holders: Market is Officially Out of Time, XRP Has Only Two Paths from Here

The XRP market has reached a decisive turning point. After months of tightening price action, the consolidation pattern that has kept traders guessing is now at its apex. According to market analyst CasiTrades, “the market is officially out of time,” and XRP is primed for a significant move—one that will either break it out explosively or send it briefly lower to gather momentum. XRP Consolidation Nears Resolution XRP has been coiling within a tightening range , a classic sign of an impending breakout. This prolonged consolidation has created growing tension in the market, with buyers and sellers locked in a deadlock. CasiTrades, known for high-accuracy technical calls, warns that this moment could define XRP’s trajectory for the months ahead. “After months of tightening,” CasiTrades wrote, “the #XRP consolidation has finally reached its apex and something big is coming next.” The two possible scenarios, he explained, are either a breakout beginning now or “one final sharp drop to support that ignites the breakout we’ve all been preparing for.” The market is officially out of time! After months of tightening, the #XRP consolidation has finally reached its apex and something big is coming next. There are only two paths from here: either the explosive breakout we've been waiting for begins now, or we see one final… pic.twitter.com/xGRyaevRxX — CasiTrades (@CasiTrades) June 18, 2025 As of report time, XRP trades around $2.14, struggling to overcome resistance at $2.25. This level, CasiTrades notes, is crucial: “Price continues to struggle with the $2.25 level, a level I’ve talked about continuously. As long as this remains resistant, it increases the likelihood that we’ll sweep the lower levels.” He identifies $2.01, $1.90, and even $1.55 as potential pullback zones—not as bearish targets, but what he calls “momentum zones,” areas where the market can grab liquidity before launching into wave 3 of a larger Elliott Wave structure. “These aren’t bearish targets,” he clarified, “they’re momentum zones. Areas where the market grabs the liquidity it needs to build momentum for wave 3.” Sentiment, Timing, and Global Tension Align Beyond the charts, CasiTrades emphasized the broader timing and sentiment dynamics. “It’s mid-week, Wednesday—this is when sentiment tends to flip,” he said. Historically, sharp mid-week moves—especially during the final stages of consolidation—often serve as traps that later reverse by the weekly close. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 He also stressed that this isn’t just a technical event. “This is not just technicals lining up, it’s the whole picture aligning,” CasiTrades explained, referencing the intersection of sentiment, structure, timing, and global developments. With rising geopolitical tensions and economic uncertainty rippling across markets, XRP’s current setup mirrors past instances where sentiment turned sharply and fast. Zooming out, the daily Relative Strength Index (RSI) shows a hidden bullish divergence, building a pattern that hints at underlying strength. “The RSI has built a clear pattern,” CasiTrades observed, “acting as a guide for the end of this squeeze.” A Critical Moment for XRP With XRP at a technical and emotional crossroads, traders are on edge. A confirmed breakout above $2.25 could quickly accelerate XRP toward the psychological $3.00 mark and potentially higher. But if resistance holds, a brief sweep of lower levels could be the final reset before liftoff. Regardless of which path XRP takes, CasiTrades’ warning is clear: “Do not miss what’s next.” The stage is set, and the market won’t wait. Whether the breakout happens today or after a final dip, the pressure is now undeniable—and the move that follows could catch many off guard. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst to XRP Holders: Market is Officially Out of Time, XRP Has Only Two Paths from Here appeared first on Times Tabloid .

Read more

Bitcoin Shrugs Off Fed Decision to Keep Rates Unchanged

The largest cryptocurrency by market value has been trading about 5% under its all-time high set last month.

Read more

Texas Instruments plans to invest over $60 billion to build semiconductor factories in Texas

Texas Instruments said on Wednesday it would invest more than $60 billion to build and expand seven semiconductor factories in Texas and Utah. The company revealed that investing in foundational or legacy semiconductors will create more than 60,000 jobs in the U.S. TI noted that its latest investment marks the largest investment in foundational semiconductor manufacturing in U.S. history. The company also said it’s expanding its U.S. manufacturing capacity to supply the growing need for semiconductors that will advance critical innovations from vehicles to smartphones to data centres. Texas Instruments builds on its legacy of technology leadership . @TXInstruments continues to make history right here in North Texas. With the largest foundational semiconductor manufacturing investment in U.S. history and deep partnerships with major companies, Texas Instruments is helping power the next generation of innovation from the… https://t.co/u2MxuKSsSk — Dallas Regional Chamber (@DRC) June 18, 2025 U.S. Secretary of Commerce Howard Lutnick acknowledged that Texas Instruments has been a bedrock American company driving innovation in technology and manufacturing for nearly a century. He also noted that Trump prioritized increasing semiconductor manufacturing in the U.S., including foundational semiconductors that go into the electronics people use every day. According to TI, its more than $60 billion investment in U.S. manufacturing includes building and ramping seven large-scale, connected fabs. The firm said the fabs across three manufacturing mega-sites in Texas and Utah will manufacture hundreds of millions of U.S.-made chips daily. The first fab SM1 will be built in Sherman, Texas, and will begin initial production this year, just three years after breaking ground. SM2 is also complete on the exterior shell, as TI said it plans to include two additional fabs, SM3 and SM4, to support future demand. Texas Instrument said its second fab in Richardson, RFAB2, continues to build on its legacy of introducing the world’s first 300mm analog fab, RFAB1, in 2011. The company is also ramping up LFAB1, its first 300mm wafer fab in Lehi, Utah. The chipmaker joins several other U.S. tech companies that have announced hundreds of billions of dollars in domestic investments from the Trump administration’s efforts to produce more semiconductors in the country. Nvidia revealed in April its plan to build AI servers worth as much as $500 billion in the U.S. over the next four years with help from partners such as Taiwan’s TSMC . Leading tech companies support TI’s U.S. expansion plans The firm’s CEO, Havin Ilan, said TI is building dependable, low-cost 300mm capacity at scale to deliver the analog and embedded processing chips vital for nearly every electronic system. Texas Instruments also revealed that SpaceX is leveraging its high-speed process technology to connect its Starlink satellite internet service with TI’s latest 300mm SiGe technology manufactured in Sherman, Texas. “Leading U.S. companies such as Apple, Ford, Medtronic, NVIDIA, and SpaceX rely on TI’s world-class technology and manufacturing expertise, and we are honored to work alongside them and the U.S. government to unleash what’s next in American innovation.” – Havin Ilan , CEO at Texas Instruments. Gwynne Shotwell, president and COO of SpaceX, said the company’s mission is to revolutionize global connectivity and eliminate the digital divide. He also revealed that the firm manufactures tens of thousands of Starlink kits daily in the U.S. They’re investing in PCB manufacturing and silicon packaging to expand further. Shotwell believes that TI’s U.S.-made semiconductors are crucial for securing a U.S. supply chain for their products. He also added that TI’s advanced silicon manufacturing capabilities provide the performance and reliability needed to help SpaceX meet the growing demand for high-speed internet all around the world. Apple’s CEO, Tim Cook, said Texas Instruments’ American-made chips help bring Apple products to life. He also added that together, they’ll continue to create opportunity, drive innovation, and invest in the future of advanced manufacturing across the U.S. Geoff Martha, Medtronic chairman and CEO, revealed that Medtronic and TI are partnering to improve lives when it matters most. The firm argued that its life-saving medical technologies rely on semiconductors to deliver precision, performance, and innovation at scale. Jensen Huang, founder and CEO of Nvidia, acknowledged that the firm was partnering with TI because they shared the goal to revitalize U.S. manufacturing by building more of the infrastructure for AI factories in the U.S. Huang said he’s looking forward to continuing Nvidia’s collaboration with TI by developing products for advanced AI infrastructure. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

Read more

BitMine Makes Bold Bitcoin Purchase: $16.3M Stock Offering Fuels Strategic Crypto Treasury

BitcoinWorld BitMine Makes Bold Bitcoin Purchase: $16.3M Stock Offering Fuels Strategic Crypto Treasury In a significant move demonstrating strong conviction in digital assets, BitMine Immersion Technologies, a company known for its Bitcoin mining operations, has announced a major strategic investment. The company utilized the entirety of the net proceeds from its recent stock offering to acquire a substantial amount of Bitcoin. This action highlights a growing trend among corporations to build and maintain a dedicated Crypto Treasury as part of their long-term financial strategy. What Did BitMine Do With Its Stock Offering Proceeds? BitMine Immersion Technologies, listed on the New York Stock Exchange (NYSE), recently completed a stock offering. The goal of this offering was to raise capital, and the company has now revealed exactly how it deployed those funds. According to a press release distributed via GlobeNewswire, BitMine took the entire net proceeds from this offering, totaling $16.3 million, and converted it into Bitcoin . Specifically, the company acquired 154.17 Bitcoin. The press release stated the average purchase price for this acquisition was approximately $106,033 per BTC. This strategic allocation of capital directly into the primary asset class it operates within signals a clear commitment to Bitcoin’s future value proposition and its role within BitMine’s corporate structure. Why Build a Corporate Crypto Treasury? The concept of a corporate Crypto Treasury , primarily consisting of Bitcoin, has gained traction over the past few years. Companies opt for this strategy for various reasons, often viewing Bitcoin as a store of value, a potential hedge against inflation, or an asset with significant long-term growth potential. For a Bitcoin mining company like BitMine, holding BTC on its balance sheet aligns naturally with its core business operations and investment philosophy. Key motivations behind establishing a Crypto Treasury can include: Long-Term Value Appreciation: Belief in Bitcoin’s potential for significant price increases over time. Inflation Hedge: Positioning Bitcoin as a scarce digital asset potentially resilient to inflationary pressures affecting fiat currencies. Alignment with Business Model: For crypto-native companies like miners, holding the asset they produce is a logical extension of their operations. Shareholder Value: Potentially increasing shareholder value through the appreciation of treasury assets. BitMine explicitly stated its aim to build a long-term Bitcoin treasury, indicating this BTC purchase is not intended for short-term trading but rather as a foundational element of their balance sheet for the foreseeable future. Understanding the Stock Offering and BTC Purchase Connection The direct link between the recent Stock Offering and the BTC purchase is crucial to understanding BitMine’s financial maneuvering. A stock offering is a way for a company to raise funds by selling shares of its stock to the public. In this case, BitMine successfully raised capital through this method, and instead of using the funds solely for operational expansion or debt reduction (though these might also be goals), they chose to dedicate the entire net proceeds specifically to acquiring Bitcoin. This move demonstrates a high level of confidence in Bitcoin as an asset class. It’s not just using existing cash reserves, but actively raising external capital through traditional financial markets (NYSE) and immediately deploying it into the cryptocurrency market. This strategy could be seen as leveraging traditional finance to strengthen their position in the digital asset space. Key points about this connection: The stock offering provided the necessary capital ($16.3M net). 100% of these net funds were allocated to the BTC purchase . This links traditional equity markets directly to cryptocurrency investment for the company. BitMine’s Strategic Position After the BTC Purchase Following this substantial BTC purchase , BitMine Immersion Technologies is now positioned with a significant corporate Crypto Treasury . This treasury size, holding over 154 Bitcoin, places them among other public companies that hold digital assets on their balance sheet, albeit the size relative to market cap varies significantly across companies. For a Bitcoin mining company, accumulating BTC is often seen as a core part of its strategy, allowing it to benefit not only from the mining process but also from the potential appreciation of the asset it mines. By using the Stock Offering funds for this purpose, BitMine has effectively converted external investment into direct exposure to Bitcoin’s price movements, in addition to their operational exposure through mining. This strategic decision reflects management’s view on the future trajectory of Bitcoin and their commitment to accumulating the asset during what they presumably see as an opportune time, even at an average price point of $106,033 as stated in the press release. What Does This Mean for BitMine and Investors? For BitMine, this move solidifies its balance sheet with a significant digital asset holding. The value of this treasury will fluctuate directly with the price of Bitcoin , introducing a new dynamic to the company’s financial performance beyond just mining efficiency and operational costs. A rising Bitcoin price would positively impact their treasury value, while a falling price would have the opposite effect. For investors, this transparency about using Stock Offering funds for a direct BTC purchase provides clarity on the company’s capital allocation strategy. Investors are now directly exposed to BitMine’s operational performance *and* its strategic treasury management. Companies pursuing a Crypto Treasury strategy often appeal to investors who are bullish on Bitcoin itself and want exposure through publicly traded equities. In conclusion, BitMine Immersion Technologies’ decision to deploy the full $16.3 million from its recent stock offering into purchasing 154.17 Bitcoin is a bold statement of intent. It underscores the company’s commitment to building a long-term Crypto Treasury and leverages traditional financial mechanisms to strengthen its position within the digital asset ecosystem. This strategic BTC purchase , funded entirely by the Stock Offering , positions BitMine with significant direct exposure to Bitcoin’s future performance, adding a new dimension to its financial profile and investment appeal. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post BitMine Makes Bold Bitcoin Purchase: $16.3M Stock Offering Fuels Strategic Crypto Treasury first appeared on BitcoinWorld and is written by Editorial Team

Read more

Bitcoin ETFs Post $216 Million Net Inflow as Blackrock Offsets Outflows From Fidelity and Ark 21shares

Bitcoin exchange-traded funds (ETFs) notched their seventh straight day of inflows, closing with a $216 million net gain thanks to Blackrock’s massive inflow. Ether ETFs also stayed in the green with a $11.09 million net inflow, despite sizable exits from Fidelity and Grayscale. Bitcoin ETFs Extend Inflow Streak to 7 Days Despite Heavy Outflows in

Read more

Federal Reserve Holds Rates Steady Amid Inflation Concerns as Bitcoin Shows Resilience

The Federal Reserve’s decision to hold interest rates steady reflects a cautious approach amid persistent inflation and geopolitical tensions. Bitcoin demonstrated resilience by recovering losses ahead of the Fed announcement,

Read more

Ethereum Price Prediction 2025: Here’s Why ETH is Poised for a Megarally

The post Ethereum Price Prediction 2025: Here’s Why ETH is Poised for a Megarally appeared first on Coinpedia Fintech News Ethereum (ETH) is hovering around $2500 right now, after a slight pullback from its recent highs near $2600. It’s been a strong few weeks for ETH, with a 50% rally behind it, but the market’s now in a wait-and-see mode. Traders are watching the $2350 to $2425 zone for support, while any move above $2750 could spark fresh momentum. With network upgrades like ‘Pectra’ and rising demand for ETH in DeFi, sentiment remains quietly bullish, just waiting for the next breakout trigger. Whales Jump in to Accumulate ETH Despite the market volatility, the ETH price is still moving in the range, which means the token is still within a bullish range. After trading in a micro range for nearly two years, a breakout is expected to occur in a short while. Besides, the token in the wider perspective appears to be experiencing its first consolidation following a strong recovery, which seems to be the beginning of the next bullish wave. This could be the reason that whales have begun to accumulate ETH at a large scale. The whale accumulation was seen during the Q4, 2024 breakout, which faded as the rally proceeded towards the end of the first quarter, with the drop in the ETH price. Meanwhile, the current accumulation is nearly two times larger than before, with the price remaining within a stable range. This suggests the bulls are also optimistic, along with whales, and hence, the price may soon experience a breakout of the consolidation. How Long Can the ETH Price Go in 2025? In the long term, the ETH price is trading within a macro bullish flag, and hence, this could be more pivotal than the short-term pullbacks. The token appears to be trading within a macro bullish flag, and hence, a breakout beyond the resistance is believed to initiate a fresh upswing. The weekly chart of Ethereum shows a tight consolidation within predefined resistance and support levels. It also resembles the formation of a bull flag, and hence, a breakout from the range could push the price beyond the resistance of the channel. Therefore, the ETH price now appears to be poised to keep rising throughout 2026 and mark new highs above $7000 in the first few weeks of 2027.

Read more

Bitcoin price steady as Fed keeps interest rates stable

The Federal Reserve has decided to keep interest rates at current levels, maintaining a cautious stance on inflation. A strong labor market, steady growth, and somewhat elevated inflation prompted the Fed to hold rates steady. On Wednesday, June 18, the Federal Open Market Committee announced it would maintain rates in the 4.25% to 4.5% range, in line with market expectations. The FOMC noted that future rate decisions will remain data-dependent. Bitcoin (BTC) remained resilient ahead of the Fed decision, recovering some earlier losses. BTC was trading at $104,364, up 0.43% over the past 24 hours, while the total crypto market cap rose 0.22% to $3.23 trillion. The Fed’s decision came amid growing tensions in the Israel-Iran conflict, which is fueling macroeconomic uncertainty. Rising oil prices could reignite inflationary pressures, which have shown signs of easing in recent months. Due to this uncertainty, the market consensus was that the Fed would keep the rates stable. A CME Group’s poll showed a likelihood of 99.9% that the Fed would maintain rates, despite ongoing pressures from the White House. Trump continues to pressure the Fed On the same day, U.S. President Donald Trump stated that “stupid” Fed Chair Jerome Powell will likely keep the rates at their current levels. The remarks were part of ongoing attacks on the Fed, with Trump urging them to lower rates by 2 points. “So we have a stupid person. Frankly, you probably won’t cut today,” Trump said. “Europe had 10 cuts, and we had none. And I guess he’s a political guy, I don’t know. He’s a political guy who’s not a smart person, but he’s costing the country a fortune.” Trump argues that lower rates would stimulate economic activity and boost the stock market. However, the Fed has continued to prioritize inflation control and has so far resisted political pressure, especially amid lingering inflationary risks, partially driven by the tariff regime introduced under Trump’s own administration. Read more: Trump says he won’t fire Fed Chair Powell, but urges faster rate cuts

Read more