Fed Likely to Hold Rates, September Cut Could Boost Crypto
Main Idea
The U.S. Federal Reserve is expected to maintain interest rates at 4.25–4.5% due to low inflation indicated by the latest GDP Deflator data, boosting liquidity and investor confidence.
Key Points
1. The U.S. Federal Reserve is likely to keep interest rates steady at 4.25–4.5%.
2. The decision follows the latest GDP Deflator data showing low inflation.
3. Low inflation is increasing liquidity and investor confidence.
4. Market participants are monitoring rallies despite ongoing macroeconomic uncertainties.
Description
The post Fed Likely to Hold Rates, September Cut Could Boost Crypto appeared first on Coinpedia Fintech News The U.S. Federal Reserve is expected to keep interest rates steady at 4.25–4.5% following the latest GDP Deflator data, which shows low inflation pressures. Forward guidance may hint at a possible rate cut in September. Such a move could boost risk assets including Bitcoin and other cryptocurrencies by increasing liquidity and investor confidence. Market participants are watching closely ...
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