Crypto-爱币斯坦
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The Bull Tail Market, Is the Bull Market Really Coming to an End!
According to normal logic, there should not be a rate cut in September. The Federal Reserve's inflation target is 2%, and stabilizing employment and reducing inflation are the main goals.
Last September, in order for the Democratic Party to win the election, the Federal Reserve cut rates by 50 basis points. At that time, the inflation data was 2.4 and core CPI was 3.3. The latest inflation data shows 2.7 and core CPI at 3.1. Various forecasting agencies suggest that a rate cut should be forthcoming, and we can infer from the rise in U.S. stocks and Bitcoin that a rate cut is likely being anticipated.
If it doesn't decrease, it will definitely be negative, and a drop is certain.
Last September, in order for the Democratic Party to win the election, the Federal Reserve cut rates by 50 basis points. At that time, the inflation data was 2.4 and core CPI was 3.3. The latest inflation data shows 2.7 and core CPI at 3.1. Various forecasting agencies suggest that a rate cut should be forthcoming, and we can infer from the rise in U.S. stocks and Bitcoin that a rate cut is likely being anticipated.
If it doesn't decrease, it will definitely be negative, and a drop is certain.
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