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Fed Officials Signal Potential Rate Cuts as Cryptocurrency Markets Hold Steady
Fed Officials Signal Potential Rate Cuts as Cryptocurrency Markets Hold Steady
20
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BTCCSquare news:
Federal Reserve officials are steering discussions toward potential interest rate cuts as economic indicators send mixed signals. GDP figures fell short of expectations, reinforcing arguments for monetary easing. Three Fed members have begun openly debating July rate cuts, barring unexpected market disruptions.
Geopolitical risks loom large, with Iran tensions and impending July 9 tariff deadlines creating uncertainty. Chicago Fed President Goolsbee struck a cautiously optimistic tone on inflation trends, while Richmond's Barkin emphasized the need for continued vigilance. The crypto market remained remarkably stable throughout these developments, showing little reaction to the evolving macroeconomic narrative.
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