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Powell Speech Leaves Markets Guessing on Upcoming Fed Rate Cut
Powell Speech Leaves Markets Guessing on Upcoming Fed Rate Cut
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BTCCSquare news:
Federal Reserve Chair Jerome Powell's latest remarks have left financial markets in a state of uncertainty regarding the timing and magnitude of potential rate cuts. The ambiguity has created ripples across asset classes, with traders parsing every nuance for clues about monetary policy direction.
Cryptocurrencies remain particularly sensitive to shifts in liquidity expectations. Bitcoin and ethereum showed muted reactions, suggesting the digital asset market has priced in a gradual Fed pivot. Altcoins exhibited wider dispersion, reflecting their higher beta to macro sentiment.
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