Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
Kriptoloji
--
Follow
The
#Fed
cuts rates by 50 bps , bringing the Fed Funds Rate down to 5%
Give a Tip
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
Â
See T&Cs.
17.7k
0
Replies
16
Quote
2
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto
đŹ Interact with your favorite creators
đ Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
Kriptoloji
@Kriptoloji
Follow
Explore More From Creator
Good morning âïž After years, the interest rate cut has finally helped #Bitcoin break above $60k. We can expect to see more positive effects of these rate cuts in the coming months. Breaking the $60k resistance on a high-volume day is great news. As long as we don't close below $60k, the outlook remains positive. The next major target is between $69-74k. Wishing everyone profitable trades! $BTC $TON
--
#Fed Chair Jerome Powell stated: - The economy is generally strong. - The labor market has transitioned from overheating to a normal state. - Inflation has significantly decreased since August. - We are clearly focused on our targets, and today's decision reflects confidence in maintaining the strength of the labor market. - Our patient approach has yielded results. - Consumer spending continues to be strong. - We expect GDP growth to remain robust. - Inflation has decreased from its peak to around 2%, but it is still above our target. - Labor market conditions are less tight compared to pre-pandemic levels. - The economy is strong, inflation has decreased to 2% levels, and there is some cooling in the labor market. Overall, he speaks positively and indicates that there is no recession. $BTC $NEIRO
--
#FED A 50 basis point rate cut can have various effects depending on economic conditions. Positive Aspects: - Stimulates the Economy:Lower interest rates reduce borrowing costs, which can encourage consumer spending and investments. - Boosts Market Confidence: Reduced rates can enhance investor and business confidence in economic growth. Negative Aspects: - Inflation Risk: Lower interest rates can lead to increased demand, potentially driving up inflation. - Decreased Savings Returns: Lower rates can reduce returns on savings, which may negatively impact savers. #FOMC Ultimately, the key factor will be Powell's speech. If Powell delivers a dovish statement, altcoins may react positively. Let's see how it unfolds đ $BTC
--
Top of the hour welcomes the #Fed rate decision
--
The #Fed has reached the end of the road, whether it cuts rates or not. It's not just the Fed, all central banks have come to a similar point. Those who think short-term will lose the game. They must act cautiously and communicate their messages clearly. It's important not to overemphasize today; they will spread out their policies over time and take a moderate approach. $NEIRO $TON
--
Latest News
Over 280 Million DIA Tokens Upgraded to USDS in First 24 Hours
--
Bitcoin Short-Term Holders' 30-Day Increment Hits Lowest Since 2012
--
Grayscale Research Highlights Polymarket's Potential As Truth Source Amid Media Distrust
--
Yellen Highlights Positive Impact Of Federal Reserve Actions On US Economy
--
BNB Chain Extends MVB Season 8 Application Deadline
--
View More
Sitemap
Cookie Preferences
Platform T&Cs