What are your expectations for Bitcoin movement today? And what is the impact of interest rates on Bitcoin?
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Expected US interest rates and Trump's trade policies, where are the markets and Bitcoin headed?
The Federal Reserve is expected to cut interest rates next Wednesday, to a range of around 4.25%–4.5%. But after that move, the big question is: What happens next? Right now, inflation is hovering around 2% and doesn’t seem to be moving fast. And the labor market, while slowing, isn’t collapsing. This relative stability could prompt the Fed to slow its rate cuts. In fact, many economists believe that by 2025, the central bank could abandon the idea of regular rate cuts, and some say it might not cut at all next year if things continue as they are.
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