๐ ๐๐ ๐๐ก๐๐ข๐ซ ๐๐จ๐ฐ๐๐ฅ๐ฅ ๐๐ข๐ ๐ง๐๐ฅ๐ฌ ๐๐จ๐ฌ๐ฌ๐ข๐๐ฅ๐ ๐๐๐ญ๐ ๐๐ฎ๐ญ โ ๐๐๐ซ๐ค๐๐ญ๐ฌ ๐๐ฐ๐๐ข๐ญ ๐๐๐ฑ๐ญ ๐๐๐๐คโ๐ฌ ๐๐๐๐ข๐ฌ๐ข๐จ๐ง
Federal Reserve Chairman Jerome Powell has hinted that the central bank could be ready to cut interest rates soon, pointing to shifting risks in the U.S. economy. While Powell didnโt directly confirm a cut, his recent remarks have strengthened market expectations ahead of the Fedโs policy meeting scheduled for September 16โ17.
At the moment, traders are betting heavily on a 25 basis point cut, with some analysts even suggesting that deeper cuts might follow before the end of the year. The final decision, however, will only be confirmed through the official FOMC statement and Powellโs press conference next week.
For the crypto market, a potential rate cut is seen as positive news. Lower interest rates often mean cheaper borrowing and more liquidity in financial markets, conditions that typically support risk assets such as Bitcoin and altcoins.
Bottom line: Powell hasnโt confirmed a cut yet, but the signs are pointing in that direction. All eyes are now on the Fed meeting next week, which could trigger significant market moves.
