**Interest Rate**
When everyone believes that the Federal Reserve will cut interest rates, do you think it will really happen? Let’s review why the Federal Reserve adjusts interest rates in the first place. The primary reason is to control inflation. As of August, inflation remains at 2.5%, which is still above their target of below 2%.
While some argue that the rising unemployment rate, which has increased to 4.2% from last year’s 3.8%, might push the Federal Reserve to lower rates, historical trends show that the Fed tends to prioritize inflation control over unemployment figures when setting rates.
I often believe that when everyone expects one outcome, the opposite is likely to occur. It's essential to maintain a mindset of thinking differently from the crowd, especially when making investment decisions. Wishing everyone continued success and profits in cryptocurrency investments!
