Fed Chair Jerome Powell

Fed Chair Jerome Powell said that a rate cut is not confirmed yet.

The market is expecting that the Fed will reduce interest rates by 0.25% in the next meeting.

However, some members within the Fed say that a rate cut could be risky, as inflation is still high.

Powell stated that future policy will depend on data.

If a rate cut occurs, there could be positive movement in the stocks and crypto market.

If a rate cut does not occur, market volatility could increase.

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