Federal Reserve Chairman Jerome Powell announced that an interest rate cut is imminent, likely in September, following progress in moderating inflation. The Fed is seeking to prevent a further cooling of the labor market and achieve a "soft landing" for the economy.

Will this be the boost the crypto market needs? Or a sign of caution for investors?#BinanceSquare#CryptoNews#DeFi#Stablecoins#MacroEconomy27135678759