FED RATE CUT
The rate cut is mostly priced in. Traders care more about Powell’s press conference.
If he:
Keeps the door open to more cuts → markets will likely rally
Hints at a pause or sounds cautious → stocks and crypto could chop
People will listen closely to his words about the job market, inflation, and QT.
One big question: Will he mention ending QT? That would mean the Fed is done draining cash from the system, and that’s good news for risk assets.
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ETH
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