The crypto world is all watching at ten o'clock tonight!
There are currently two things: one is whether there will be an interest rate cut, and the second is that Powell's term ends in May next year, and Trump is pressuring for a rate cut while looking for a successor. This matter is tugging at the market's nerves.
Having been in the crypto world for so long, I have experienced too many fluctuations in the market due to Federal Reserve policies and I am very aware of the power of such points.
Looking at institutional data, tariffs have caused inflation to fluctuate, and the job market's growth is slowing down. Institutions generally expect that the Federal Reserve is very likely to cut rates by 25 basis points at next month's meeting. However, Powell's statements may deviate from market expectations, and this uncertainty is the "explosive point" of the market.
Stay tuned: bio skl scr
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