CryptoGold2025
--
Cryptocurrencies Get a Boost Ahead of Christmas Holidays
Most digital currencies rose during trading on Tuesday, despite quiet trading in global markets in preparation for the Christmas holiday.
The US Federal Reserve decided last week to cut interest rates by 25 basis points after two consecutive cuts of 50 basis points each.
This reading may lead the Federal Reserve to continue its efforts to slow the pace of interest rate cuts in 2025, after it revealed in its quarterly forecast statement issued last Wednesday that it intends to cut interest rates by only 50 basis points over the course of next year as inflation risks remain high.
The US Federal Reserve decided last week to cut interest rates by 25 basis points after two consecutive cuts of 50 basis points each.
This reading may lead the Federal Reserve to continue its efforts to slow the pace of interest rate cuts in 2025, after it revealed in its quarterly forecast statement issued last Wednesday that it intends to cut interest rates by only 50 basis points over the course of next year as inflation risks remain high.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
0
Replies 0