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Breaking: Jerome Powell Cools Further Rate Cut Expectations, Bitcoin Drops – Crypto News
Fed Chair Jerome Powell has tempered expectations for further rate cuts this year, warning that uncertainty surrounding the path of inflation remains high. His speech led to a notable dip in the Bitcoin price, as market participants still expect rate cuts at the October and December FOMC meetings. Jerome Powell Dampens Rate Cut Expectations In his
The post Breaking: Jerome Powell Cools Further Rate Cut Expectations, Bitcoin Drops appeared first on CoinGape.
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