#FED #Powell #rate Fed Chair Powell indicated the possibility of a rate cut if inflation turns out to be less severe than expected.
Powell noted that a softening labor market also implies a quicker rate reduction. At the same time, he emphasized that there is no recession observed in the U.S.
Powell reported that most Fed officials consider a rate cut appropriate later this year.
Powell also stated that banks can freely provide services to crypto companies as long as security is ensured. Source
🟡 CHESS on Binance: not just a game, but a strategy in DeFi♟️
The $CHESS token is not a meme or a joke. It's a serious player in the DeFi arena 📊 Here's everything you need to know 👇 🧠 What is Tranchess? Tranchess is a decentralized asset management protocol on BNB Chain. Unique feature: asset distribution by tranches (risk/income levels). Like in chess: there's Queen, Bishop, Rook — each with different risks.