Beware, Powell Does It On Purpose
FED President#Powelldeliberately does not speak clearly about interest rate cuts because he is trying to keep the market as tight as he can.
FROM WHERE?
US elections are approaching, the election is on November 5th.
In order to gain votes before the elections, politicians will put pressure on Powell, which they have started to do. Elizabeth Warren is an example of this.
Therefore, I think they will start reducing interest rates in September at the latest.
Why Are Politicians Putting Pressure?
Friends, that is why they persistently lowered the interest rates while inflation was rising in our country for a while...
Get to the point
I said that I always focused on 3 phases for the Taurus period.
- Start (when 15K bottom level is seen)
- Development(Spot Bitcoin ETFs)
- Result - Period of Enthusiasm (Global economy giants started their expansion policy)
We are nearing the end, hold your teeth...
Via: CryptoPNZ
