September Rate Cut ,Big Big Chance for September Rate Cut Good for Crypto 🚨
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Aslam mu alakum, hello everyone, how are you? Hope you all will be happy and fine. Today I tell you about very important news after US CPI data. Now, the chance for September interest rate cut has gone up to 90%. This means almost sure that Federal Reserve will make interest rates lower in September.
Why this is important? Lower interest rates mean borrowing money becomes cheap. When money is cheap, people like to invest more in assets like crypto, stocks, and gold. It can push crypto prices up because more people will buy.
This news is very positive for crypto market. It shows that the economy is not in danger of high inflation and the government wants to support growth. Traders should watch market moves now because price can change fast when rate cut news comes.
Thank you so much for reading. Allah Hafiz.