🔥Hot news! Chicago Fed President Goolsbee recently said that if the US inflation rate continues to fall back to the 2% target, policymakers should cut interest rates. 📉He said that we are on the road to 2% inflation. If you keep interest rates unchanged when inflation is falling, you are tightening, so you should make a decision instead of continuing to do nothing.

📊Goolsbee's remarks came after data released last week showed that the Federal Reserve's favorite inflation indicator, the May PCE data, rose only 0.1% month-on-month, the lowest level in six months. This may be good news for the Bitcoin market, as interest rate cuts may trigger more investors to enter the cryptocurrency market. 🚀

For the optimism of the Bitcoin market, we will keep an eye on it and bring you the latest blockchain and cryptocurrency news! 🔍