Interest rate cut controversy
The US interest rate cut has been postponed.
The PEC data just released is lower than expected, which means that inflation has decreased and the US can hold on again.
Such data is not friendly to the cryptocurrency circle. The interest rate cut may be further postponed. It is really uncomfortable. I have been waiting for the interest rate cut for more than half a year.
Recently, Deng and Trump debated. Trump should confront Deng on inflation. If Deng is at a disadvantage, he may ask the government to speed up the interest rate cut to gain support.
It is unlikely that the market will be pulled up directly at present. The data also shows that the possibility of interest rate cuts has decreased. We can only wait for the Ethereum ETF.
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