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Arthur Hayes, co-founder of BitMEX, predicts that a significant market crash could force the Federal Reserve to cut interest rates in 2024. He believes that a collapse would push the Fed to act in order to stabilize the economy.
Hayes shared his insights ahead of the #Token2049 conference, aligning with his previous warnings about economic instability and its potential effects on the crypto market.
Will the Fed really be forced into action if the markets tank in 2024?
Source: Cointelegraph