$USDC Letter from Powell
💢 Please note that this is the fourth consecutive time that the interest rate has been held in 2025 🌚
However, after this report:
The chances of a rate cut in October rose to 85% compared to 80% before the Federal Statement.
Traders still almost fully expect the Federal Reserve to cut interest rates twice in 2025.
• This is negative for the US dollar and positive for currencies. It means that the second half of this year is expected to be positive, but this is if "Powell" aligns with expectations and yields to Trump 😅
