By Darren Parkin Jerome Powell and his team at the Federal Reserve Bank in the US decided to keep interest rates at current levels, no surprise there, but hinted they may need to sustain the same levels into next year to keep a lid on inflation. Stocks and cryptos dipped on these hawkish comments. Bitcoin is down marginally by 0.4%, again circling the $27k-level this morning, while Ethereum’s Ether is down 0.9%, trading for $1,619. Many of the large-caps are following a similar trend. “Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have slowed in…

Read More