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$ROSE/USDT Looks ready for an amazing bullish ride. 🚀
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⚡ Jerome Powell (Chairman of #FED ): ✔ The economy is strong. ✔ The labor market remains stable. ✔ Inflation has decreased significantly. ✔ Consumer spending growth remains robust. ✔ Inflation is confidently moving towards the target of 2%. ✔ The Nonfarm Payrolls report would have been better if not for the hurricanes and strikes. ✔ Wage growth has slowed. ✔ Conditions in the labor market are now less tense than before the pandemic. ✔ The labor market is not a source of inflationary pressure. ✔ The risks to the Fed's dual mandate are balanced (inflation/labor market). ✔ The Fed's rate cut will help maintain sustainable economic growth. ❗️The elections will NOT have any impact on the Fed's monetary policy in the near term. ✔ Any new fiscal policy by the Administration or Congress could have significant implications, and the Fed will take these into account. ✔ The growth in government bond yields is currently NOT RELATED to rate expectations. It is a question of supply and demand. ✔ US macroeconomic data improved after the September meeting.
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#sol/usdt Looking for a breakout above the Major Resistance Zone🚀
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#FED🔼 Bloomberg : US Stocks Rise Ahead of Fed Meeting (S&P 500 +0.5%) Consensus forecast – decrease interest rate by 25 bp. All investors' attention will be focused on J. Powell's speech - the future trajectory of the Fed's monetary policy + what the return of Donald Trump means for economic growth and inflation.
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🤨 CZ offered to sell controlling stake in Binance - Bloomberg ▫️Who wanted to buy Binance shares and for what amount is not disclosed. But Changpeng Zhao "does NOT intend to hold them forever", so he will consider all offers to buy. ▫️The founder of the exchange's fortune increased by $12,000,000,000 after the US elections. ▫️Changpeng Zhao is currently an ordinary shareholder of Binance and has no plans to return to a leadership position.
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- FED: Expected to cut rates by 0.25% today - Trump Tax Cuts: Could boost earnings by +4% (says Goldman Sachs) - China: New stimulus announcement tomorrow And we're only a month away from a potential Santa Claus Rally...
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