$ETH 2070, Ethereum has reached a historic high. A historical review of the Federal Reserve's interest rate cuts:
In June 1981, a significant interest rate cut occurred, and in October 1982, the Latin American debt crisis led to a long-term downturn!
In June 1989, interest rates were cut, and in 1991, the Soviet Union collapsed, leading to Japan's economic recession!
In July 1995, interest rates were cut, and in 1997, the East Asian financial crisis occurred! In January 2001, interest rates were cut, and in September 2001, the 9/11 attacks began, leading to the war in Afghanistan!
In October 2007, interest rates were cut, and in 2008, the subprime mortgage crisis hit! In August 2019, interest rates were cut, and by the end of the year, the COVID-19 outbreak began!
What will happen after the interest rate cut in September 2024???