The Federal Reserve has decided to maintain its current interest rates, marking a significant decision that saw the highest level of dissent among voting members since October 1992. Federal Reserve Chair Powell has stated his intention to remain in his position until the Department of Justice concludes its investigation, and he will continue serving as a governor beyond May 15.
In other news, Anthropic is reportedly considering a new funding round that could value the company at over $900 billion. Meanwhile, the WLFI token unlock governance proposal is now open for a seven-day voting period, and Pump.fun has introduced the Charity Coins feature, allowing creators to allocate their fees to charitable causes. Additionally, Andre Cronje has commented on the state of DeFi, suggesting it is no longer decentralized, as the industry debates security measures like circuit breakers.
Fed Holds Rates Steady Amid Record Dissent; Anthropic Eyes $900 Billion Valuation
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