Since August of last year, the Fed has kept the federal funds rate steady in its target range of 5.25% to 5.5%.
After 11 interest rate hikes to slow inflation between March 2022 and July 2023, inflation finally fell from 9.1% to 3% and has remained stable at this level for some time.
The 3% annual inflation rate is still above the Fed's 2% target rate. It seems certain that interest rates will be cut in at least two of the remaining meetings to be held in July, September, November and December.
Fed: "We cut interest rates." The moment he says, we will see strong increases in Bitcoin. And what a rise! It is almost certain that money coming out of interest will quickly enter the Nasdaq and crypto markets.
By the end of the year, $BTC will be in 6 digits.
