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Fed Faces Crucial Decision on Interest Rate Cut in September Amid Powell Uncertainty
Fed Faces Crucial Decision on Interest Rate Cut in September Amid Powell Uncertainty
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BTCCSquare news:
The Federal Reserve's potential interest rate cut in September is gaining traction as speculation swirls around Chair Jerome Powell's future. Political pressure from the TRUMP administration and rumors of Powell's resignation have injected volatility into markets, with financial institutions recalibrating their expectations.
Economic data tracking reveals heightened fluctuations, underscoring the sensitivity of investors to Fed leadership uncertainty. The prospect of a new chair has amplified discussions around monetary policy shifts, particularly as Powell's term nears its May expiration.
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