🚨US Central Bank (Fed): 🔸️Our progress towards the 2% target has slowed down in recent months. 🔸️The interest rate decision was taken unanimously. 🔸️Inflation fell over the past year but remained high. 🔸️Economic activity continues to expand robustly. The increase in employment is strong and the unemployment rate is low. 🔸️A rate cut does not seem appropriate until there is greater confidence that inflation is sustainably moving towards 2%. $BTC $ETH $ETH #BNB
The judge has ruled that there is no evidence to suggest that CZ, the founder of Binance, was involved in any illegal activities. This means that he can continue to work on his amazing projects!
Although CZ did receive a 4-month prison sentence. I think it's important for us to show our support for CZ during this time🥰.
Let's flood the comments section with ❤️ emojis to let him know that we stand by him! Who has been in the crypto world for over 15 years, can tell that CZ has been a driving force behind many innovative projects.
He has helped to bring cryptocurrencies into the mainstream and has made it possible for people all over the world to access financial services that were previously unavailable to them.
Bitcoin (BTC) Investors Attention: What Will FED President Jerome Powell Say Tomorrow?
The chaotic process in the cryptocurrency industry continues today. Sudden declines in the leading cryptocurrency #Bitcoin (BTC) and altcoins naturally caused a significant increase in the pressure on investors. As of tomorrow, US Federal Reserve (FED) chairman Jerome Powell will make a speech after the #FED interest rate decision. FED Chairman Powell's statements may directly affect the crypto industry. In the report shared by market experts as of today, FED Chairman Powell stated that he will probably say the following words at tomorrow's press conference: “Policy needs more time, the next move will likely be a rate cut and the committee will be in wait-and-see mode until the Fed gets more clarity on inflation. Bank of America economists expect quantitative tightening to slow down with the US Treasury's monthly redemption limit being reduced from $60 billion to $30 billion. Here are economists' comments about Powell: “We think Powell is pleased that this year's rate cuts have been priced in significantly. "The FED will reduce interest rates this year and will probably have difficulty controlling the market." If FED officials and chairman Jerome Powell do not make a harsh speech tomorrow night, the crypto market may recover to some extent. $BTC $ETH $BNB