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🚨 Breaking news🚨#ABD #FED Breaking news: Global markets were focused on the US Federal Reserve's (Fed) interest rate decision and the clues it would give regarding the road map for the monetary policy to be implemented in the future. The interest rate decision of the FED, which kept the interest rate constant at 5.25-5.50 in May, was eagerly awaited by investors. Analysts had stated that it was certain that the bank would keep the policy rate constant again.
Crypto daily summary Powell has expressed moderate confidence about possible rate cuts this year. 9 Bitcoin ETFs reduced their Bitcoin holdings by 1,950 BTC yesterday. Tether increased its Bitcoin holdings by 8,900 BTC this quarter. According to the latest data obtained from CME's "Fed Watch" report, the probability that the Fed will keep possible interest rates constant in June is 90.9%, and the probability of a 25 basis point interest rate cut is at 9.1%. As for the long-term outlook, there's a chance the Fed will keep current interest rates at 72.1% through August; the probability of a cumulative 25 basis point cut is 26%, and the probability of a more aggressive cut of 50 basis points overall is 1.9%.
One day, a child was walking on the road and found a shiny stone. He took the stone home and put it in a treasure chest. Years passed, the child grew up and always carried that stone with him. Over time, he realized that that stone was a real treasure: Because that stone became a souvenir in which the child kept his dreams and hopes.
Moral of the story: The real treasure is not material values, but the memories and hopes that make us happy.