BNY Mellon CEO: 🇺🇸 $ICP $OSMO $AXS

Political Pressure on Fed Could Push Rates Higher

BNY Mellon CEO Robin Vince warned that political pressure on the Federal Reserve could have the opposite effect markets want, potentially driving interest rates higher.

The bank posted record annual revenue of $20.1 billion, with net income up 27% to $1.43 billion, highlighting resilience amid growing policy uncertainty.

With U.S. inflation at 2.7% in December, investor confidence in the Fed’s credibility remains critical.

AXS

1.116

-0.62%

OSMO

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ICP

4.627

+3.67%

#BNYMellon #FedRateCut #Inflation #USTradeDeficitShrink #CryptoNews