📢 Fed Chairman Powell releases interest rate cut signal 🚀
Fed Chairman Powell just dropped a bombshell 💣 He said that if the economy develops as expected, there may be two more interest rate cuts this year, with a total of 50 basis points! What is this concept? Let me explain it to you:
Interest rate cut is good: This is definitely good news for the cryptocurrency market! Interest rate cuts often stimulate investors to seek high-yield assets, and cryptocurrencies such as Bitcoin may benefit 📈
Time node: The November interest rate decision meeting will be key. Powell said that all factors should be considered and we must pay close attention 👀
Economic recovery: Goods and services inflation is returning to pre-epidemic levels, which shows that the economy is gradually recovering 💪
Market reaction: Once this news comes out, it is believed that it will have a significant impact on the market. Everyone should remain vigilant and pay attention to market changes at any time 📊
Everyone, what do you think of this news? Do you think Bitcoin is expected to set a new high? Welcome to share your views in the comment area!