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⭐️ Crypto and AI: Divergent Paths to Empowerment Crypto and AI are reshaping the future—but in very different ways. Crypto empowers individuals through decentralization, giving people control over their assets, identity, and transactions without relying on centralized authorities. It’s about financial freedom and open access. AI, on the other hand, drives empowerment through intelligence and efficiency. It enhances productivity, decision-making, and innovation by automating tasks and uncovering insights at scale. One redistributes power, the other amplifies capability. Together, they don’t compete—they complement, shaping a more open, intelligent digital world. 🚀 #cryptovsai $BTC

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🔹 Beth Hammack, President of the Cleveland Federal Reserve, said that traders should not expect rapid interest rate cuts. Simply put, she believes that U.S. inflation is still not at a level that would justify the Federal Reserve rushing to ease policy. According to Hammack, interest rates are likely to remain around current levels for at least the next few months, and there is no clear sign of consecutive rate cuts for now. She explained that despite a total 0.75% rate cut over the past three meetings, inflation data is still not sufficiently convincing. Hammack noted that the official inflation reading of 2.7% may be somewhat misleading, and that actual inflation could be closer to 3%. From her perspective, the Fed needs to wait and confirm that disinflation is truly sustainable—especially given the impact of tariffs and rising production costs. Hammack also warned that many companies are preparing to raise prices in 2025, which could put renewed pressure on inflation. For this reason, the Federal Reserve currently sees no justification for an immediate rate cut. These remarks come at a time when the U.S. stock market is going through a difficult month, and investors are gradually accepting that a fast shift toward accommodative monetary policy is unlikely, at least for now. #Financial_Market #Markets #MacroEconomics $ETH

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