🇺🇸 Fed Minutes: Committee Members Split on Rate Cut Size

The latest Fed minutes revealed a split among committee members on the size of the rate cut. While all agreed that the US economy is moving at a solid pace and progress is being made toward the 2% inflation target, inflation remains elevated. Some members suggested a smaller cut of 25 basis points out of an abundance of caution, while others advocated a 50 basis points cut given recent progress. The decision was based on a balance between risks and the strength of the labor market.

💡 Impact on the crypto market: This uncertainty could bring volatility to the cryptocurrency market, which often reacts strongly to monetary policy expectations. If the Fed opts for a more aggressive cut, assets like Bitcoin could benefit from a lower interest rate environment, increasing the attractiveness of risk assets.

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