, but the surrounding context adds layers to the debate. Despite rising inflation (headline at 2.7%, core above 3% for 43 months), a strong labor market, and steady 3% GDP growth, the Fed concluded 2024 with a total reduction of 100 basis points.
This dovish approach has raised eyebrows, with dissenters like Esther George urging a pause in rate cuts. The decision to lower rates seems to contradict hawkish market sentiment and inflationary concerns, signaling a cautious balancing act between growth and stability.
The “fixed rate” probability for January at 90% suggests a pause ahead, but expectations for easing in 2025 have notably cooled. Crypto enthusiasts see this environment as a potential catalyst for risk-on assets like Bitcoin, fueling hopes of new all-time highs.
Do you think this move will reignite a bull run or lead to broader economic challe
nges?#USUALSpotPrediction #BinanceAlphaTop5 #BinanceAirdropsCATandPENGU #Bitcoin110KNext? ##Write2Earn!