$BTC The Federal Reserve is in chaos tonight! Is Powell going to push through?
Latest news, something might go wrong at this Federal Reserve meeting! Half of the officials oppose interest rate cuts, but 'Master Powell' seems determined to lower them. To put it simply, they're almost ready to fight each other internally!
In my opinion, these people are not arguing about the economy, but about their own faces.
The employment data is exceeding expectations while the unemployment rate is soaring, which just gives both sides an excuse to keep dragging things out.
But why is Powell daring to push through under pressure? He’s not afraid of inflation, but of the economy suddenly stalling next year! First, he’ll cut by 25 basis points, then slightly close the door behind him—that's feeding the market a little sugar and then telling you there's not much sugar left.
What impact does this have on the crypto circle? An interest rate cut is like opening the floodgates, even if it's just a little, the first to rush in will be Bitcoin! But don’t get too excited too soon; if the post-meeting statement is hesitant, the market might jump a bit and then soften. Remember, expectations are more important than facts.
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