๐บ๐ธ JUST IN: JPMorgan expects Fed to cut rates in December
๐ Key takeaways:
โ JPMorgan sees economic pressures making Fed riskier for rate cut
โ Rate cuts mean lower borrowing costs
โ Boost spending and investment activity
๐ Market Impact:
๐ฉ Bullish โ Lower rates boost risk assets like crypto
๐ฃ๏ธ Share your view:
A December rate cut could be the start of a new cycle for the crypto bull run if the Fed confirms it at the FOMC.
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