HOT 🔥: Fed narrows its interest rate cut plans, the market is on fire
The Federal Reserve of the United States (Fed) has just revised its forecast for the number of interest rate cuts in 2025, from four times down to two times.
This move has raised concerns among investors about economic growth prospects, causing the Dow Jones stock index to drop sharply by nearly 1000 points. At the same time, the cryptocurrency market was also negatively affected as the price of Bitcoin fell sharply by 5000 USD.
Fed Chairman Jerome Powell stated that this decision is aimed at ensuring inflation is controlled and the economy remains stable. However, this move has increased market volatility and may impact investors' decision-making in the near future.
#FED #BTC☀
The Federal Reserve of the United States (Fed) has just revised its forecast for the number of interest rate cuts in 2025, from four times down to two times.
This move has raised concerns among investors about economic growth prospects, causing the Dow Jones stock index to drop sharply by nearly 1000 points. At the same time, the cryptocurrency market was also negatively affected as the price of Bitcoin fell sharply by 5000 USD.
Fed Chairman Jerome Powell stated that this decision is aimed at ensuring inflation is controlled and the economy remains stable. However, this move has increased market volatility and may impact investors' decision-making in the near future.
#FED #BTC☀
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
101,155.04
-3.20%
ETH
3,670.55
-4.55%
BNB
700.34
-1.40%
Replies 0