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The S&P 500 reached a new record high, up 33% from its lowest level in April.
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#bonk
#avax
#fıl
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📢Statements from US Treasury Secretary Bessent on the Fed • A broad list of 10-11 candidates is being prepared for Fed chair. • Names are being considered to replace committee members, who will come from the private sector. • If the data had been accurate, the Fed could have started cutting interest rates earlier. • The likelihood of a 50-basis-point interest rate cut is high. • Currently, it is believed that interest rates should be 150-175 basis points lower. • Interest rate cuts could begin in September with a 50-basis-point reduction. #Fed #news #USA #SEC #BTCReclaims120K $BTC $ETH
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