Powell Hints at Earlier Rate Cuts; Crypto Markets Perk Up?
Fed Chair Jerome Powell recently suggested the possibility of earlier-than-expected interest rate cuts, should the labor market weaken. This statement has sent ripples through the financial markets, potentially impacting the crypto markets as well. It’s a bit of a mixed bag, though – some are cautiously optimistic, while others remain hesitant, given the ongoing economic uncertainty. We’ll be watching closely to see how this plays out for digital assets.
