Story perspectives
Dollar Rises Amid Rate Cut Expectations; Crypto Retreats
2/25/2026
1 of 1
Story summary
- The dollar gains support as investors expect fewer Federal Reserve rate cuts after its latest meeting.
- Lee Hardman of MUFG Bank says a new 10% global tariff could lower inflation and enable Fed rate cuts later.
- Federal Reserve Governor Christopher Waller says rates may stay unchanged if the labor market improves.
- Cryptocurrencies retreat on artificial intelligence disruption fears and tariff uncertainty, with Bitcoin at $63,214 and Ether at $1,821.
