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Elon Jamess
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🚨 BREAKING:
Trump suggests interest rates could fall to 1% or below by 2026 bullish for crypto.
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Today 🇺🇸 CPI release is key. Fed Chair Jerome Powell recently noted that interest rates are at levels where the Fed can pause and watch the data. A CPI reading above expectations would hurt markets reducing the chance of future rate cuts. Conversely a lower than expected CPI could spark a market rally heading into Christmas.
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TRUMP HINTS AT BIG FED CHANGES NEXT YEAR President Trump says he will soon name the next Federal Reserve Chair, someone who supports significantly lower interest rates. Trump is pushing for major rate cuts Reported finalists include Hassett, Warsh, and Waller all viewed as dovish He states the new Fed Chair would consult him on rate decisions “I’ll soon announce our next Fed chairman… mortgage payments will drop even more.”
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🇺🇸 Fed Chair Powell suggested that interest rates are currently at levels where the Fed can hold steady. If you’re hoping for further rate cuts, a high CPI reading today would be unwelcome. Conversely a lower CPI and inflation rate could lift the markets.
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REMINDER: Key CPI inflation data releases at 8:30 AM ET. Prepare for potential market volatility.
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$ACT /USDT is trading around $0.0258 consolidating after a minor pullback from recent highs. Immediate support sits at $0.0252–$0.0254 where prior demand has held structure with a deeper level near $0.0245 acting as a logical stop-loss area if price breaks lower. On the upside resistance is observed at $0.0265–$0.0268 and a confirmed breakout above this range could target $0.0275 followed by an extended zone near $0.0285. Price action suggests a cautiously bullish bias while holding above support though momentum and volume should be monitored for confirmation before assuming higher targets. This analysis is purely technical and not financial advice. #WriteToEarnUpgrade #BinanceAlphaAlert
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