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‼️🔴 Jerome Powell FED Chairman 🔴‼️
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🗣️Powell Teases Fed Rate Cuts Before 2% Inflation Target, Bitcoin Rally Ahead?
Key Points:
1. Interest Rate Cuts: The Federal Reserve plans to cut interest rates before inflation reaches the 2% target.
2. Jerome Powell's Statement: Fed Chair Jerome Powell indicated a proactive approach based on recent positive economic data.
3. Market Confidence: Improved CPI data shows cooling inflation, boosting market confidence.
4. Impact on Bitcoin: Potential interest rate cuts could favor Bitcoin and other risky assets, sparking a rally.
5. Economic Outlook: Institutional firms anticipate September rate cuts amidst cooling inflation trends.
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