$The Fed has cut 25 bps into 4.75%!✅
Bullish🔥
Why? Read on.
The Federal Reserve's decision to cut interest rates from 5% to 4.75% is expected to have a range of impacts on the economy:
🔥Positive Impacts:
Stimulates economic growth: Lower interest rates make borrowing cheaper for businesses and consumers, encouraging spending and investment. This can boost economic activity and job creation.
Boosts the people desire to join stock market or crypto market: Lower interest rates often lead to higher possibility to seek more options to earn money as investors seek out higher returns in a low-interest-rate environment.
Reduces debt burden: Lower interest rates reduce the cost of servicing debt for businesses and consumers, freeing up more money for spending and investment.
Strengthens housing market: Lower interest rates make mortgages more affordable, stimulating home buying and construction activity.
Weakens the dollar: Lower interest rates can weaken the dollar relative to other currencies, making imports more expensive and potentially fueling inflation. People might buy and keep a better asset just like $BTC or $PAXG (gold)
Overall, the impact of the Fed's rate cut will depend on a variety of factors, including the state of the economy, inflation expectations, and global economic conditions. But most of the time, more cuts means more money 💵will out into circulations.