#April Core PCE Release

Crypto News-Muhabbit:
🇺🇸 Unemployment benefit applications in the US were announced as 240,000. The expectation was 229,000.

The U.S. Department of Labor has withdrawn its warning regarding cryptocurrencies in retirement plans published in 2022. This step paves the way for Bitcoin to be included in retirement plans.

Breaking News: A second court in the U.S. has blocked the tariffs imposed by President Trump.

Breaking News: A federal judge in the U.S. has halted the customs duty ban and granted the Trump administration 14 days to appeal.

🏛️ U.S. Federal Reserve Chairman Jerome Powell met with the President at the White House to discuss economic developments including growth, employment, and inflation. While Powell did not share expectations regarding monetary policy, he emphasized that the roadmap will be shaped by economic data.

🇺🇸 US President Trump met with Federal Reserve Chairman Jerome Powell at the White House.

White House Press Secretary Leavitt stated that Trump told Fed Chairman Powell that not lowering interest rates was a mistake.

White House Press Secretary Leavitt announced that they are exploring other avenues for trade policies.

White House spokesman Leavitt announced that they hope Russia and Ukraine will begin direct talks next week.

The White House stated that the courts are unauthorized regarding customs duties and that customs practices will continue with Trump's additional powers.

🌍 Webus International Limited has announced plans for strategic financing of up to $300 million to establish an XRP reserve to support cross-border payments on a global scale. The company has also renewed its national mobility partnership with Tongcheng Travel.