The United States is likely to experience a financial crisis.
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Rate cut in September? Don’t even think about it! These three reasons hammer it home, and the subsequent script is already clear
Recently, the crypto market has been betting on 'whether the Federal Reserve will cut rates in September'. Some are looking at ETH's new highs shouting 'rate cuts are definitely coming', while others are panicking over BTC's transaction fees saying 'the rate cut is in jeopardy' — but I need to pour a bucket of cold water: it's highly likely there won't be a rate cut in September, and it may even be a 'fall first, then deceive' script. After you see these three hard logic points, you’ll understand why! 1. Three solid reasons: There's no reason to cut interest rates in September The Federal Reserve's rate cuts are never 'based on sentiment'; they have to look at economic data. The key data now all indicate 'no cuts': Unemployment rate at 4.2%! So low there's no reason to save the market
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