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Parrot Bamboo
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⚡️ #Binance will support Horizen ( #ZEN ) network upgrade and hard fork.
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) network upgrade and hard fork.
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#BTC Wall Street Journal: Is it possible to cut interest rates in September if we get 2-3 more inflation data like today? FED: When we look at the "dot chart", this is just our estimate based on current information. There are all possibilities and the biggest factor is future economic data. To reduce interest rates, one of two things must happen: 1- We believe that inflation will fall as expected 2- The unemployment situation is worse Fed's Powell: Today's inflation report was better than almost everyone expected, we need to see what today's data means on the balance of risks. Powell: The pre-pandemic ultra-low interest world may not come back. #BTC $BTC #Fed
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Fed press conference: CNBC: The Fed's PCE inflation forecast shows that inflation won't fall much from now until the end of the year. If this prediction is wrong, will the Fed make the wrong decision on interest rates? FED: Inflation will be calculated over the previous 12 months, and the lower the PCE inflation, the less future PCE indices will fall, as they are calculated from the declining level of the next months. We want to be more conservative in our estimates. It would be great if we continue to get good news about inflation as we do today. We are quite happy with today's inflation rate. #Fed #BTC $BTC
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🚨 FED President Jerome Powell: "Inflation has fallen significantly but remains at a very high level." 🚨 FED President Jerome Powell: We maintain our restrictive policy stance. 🚨 FED President Jerome Powell: Inflation data did not provide enough confidence to cut interest rates this year. #Fed #BTC #PowellSpeech $BTC
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The Fed left its interest rate decision unchanged. Fed Interest Rate Decision (June): Announced: 5.50% Expected: 5.50% Previous: 5.50% Federal Reserve: We do not expect it to be appropriate to reduce the policy target range until there is greater confidence that inflation will move sustainably toward 2%. Fed officials' median view on the end-2024 federal funds rate is 5.1% (previously 4.6%). Federal Reserve: Inflation fell last year but remains high. Federal Reserve: Risks to achieving policy goals have shifted toward better balance. Federal Reserve: The economy continues to grow at a solid pace, job creation remains strong, and the unemployment rate remains low. The Fed's forecasts envisage an interest rate cut of 25 basis points from the current level in 2024 and another 100 basis points in 2025. Federal Reserve: We will continue to reduce our holdings of Treasuries and mortgage-backed securities. Federal Reserve: Despite the lack of progress noted in its May 1 statement, modest progress has been made toward the 2% inflation target. #Fed #BTC $BTC
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🚨 The US Federal Reserve (FED) left the interest rate constant at 5.50%. #Fed #BTC $BTC
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