Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
CryptoMaksymus
--
Follow
Gold reached a new historical peak.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
Â
See T&Cs.
36
0
Replies
0
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto
đŹ Interact with your favorite creators
đ Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
CryptoMaksymus
@CryptoMaksymus
Follow
Explore More From Creator
Jerome Powell said that the Federal Reserve System is not declaring victory over inflation.
--
More from statements made by Fed Chairman Powell (September 18, 2024): 1. The Fed believes that the economy is "generally strong" 2. The Fed is "growing confident" that strength in the labor market can be preserved 3. Consumer spending "remained stable" 4. Inflation has decreased, but "remains above the target of 2%" 5. The labor market is now less tense than before the pandemic. 6. The Fed moves to a "neutral position" but "does not follow any predetermined course"
--
Against this background, global liquidity jumped, while the dollar index fell to test important support.
--
BRIEF DESCRIPTION OF THE FEDERAL DECISION (September 18, 2024): 1. The Fed is reducing interest rates by 50 basis points for the first time since 2020 2. The Fed expects two more rate cuts of 25 basis points in 2024 3. The Fed gained "great confidence" that inflation is moving towards 2% 5. The Fed will "carefully evaluate the incoming data" and evaluate prospects based on it 6. The Fed expects a rate cut of 100 basis points in 2025 and 50 basis points in 2026. The long-awaited "reversal of the Fed" has officially begun.
--
There has never been a more uncertain meeting of the Fed. No matter what the Fed does tomorrow, half the market will be disappointed. Buckle up.
--
Latest News
Prosecutors Oppose Mango Markets Hacker's Request For Acquittal
--
German Authorities Shut Down 47 Crypto Exchanges Over Illicit Activities
--
Bitcoin(BTC) Drops Below 63,000 USDT with a Narrowed 4.47% Increase in 24 Hours
--
Consensys Lawsuit Against SEC Dismissed By Texas Court
--
AI Tokens Surge As Market Reacts To US Federal Reserve Rate Cut
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
