According to Citi analysts, the U.S. Federal Reserve is expected to begin reducing interest rates in September. This reduction will total 200 basis points over the next eight Federal Open Market Committee (FOMC) meetings¹. However, it's worth noting that Federal Reserve Chair Jerome Powell has emphasized the need for further evidence of sustained inflation progress before endorsing rate cuts, reflecting the cautious stance of the central bank amid evolving economic indicators. 🌟#BinanceTurns7 #Write2Earn! #BinanceTournament #MtGoxJulyRepayments #Ton_Coin_Surge