This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🚨 JUST IN: The Federal Reserve has cut rates by 25 bps.
Jerome Powell says rates will now either:
• stay the same
• be cut slightly
• or be cut significantly
…but not raised.
“I don’t think a rate hike is anyone’s base case.”
The message is clear:
The tightening era is over. ⚡️
#FOMC #Fed #Powell #Markets #Bitcoin #Crypto