Powell: Interest Rate Cut May Be on the Table in September
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Title: Federal Reserve Chairman Powell Hints at Potential Rate Cut in September
In a recent statement, Federal Reserve Chairman Jerome Powell indicated that a rate cut might be on the table for September. The announcement has garnered significant attention, especially from the cryptocurrency sector, which is sensitive to changes in interest rates. Powell’s remarks suggest that the Federal Reserve is considering adjusting its monetary policy to better align with current economic conditions. As investors and markets react to this news, the potential impact on the crypto market continues to be a topic of keen interest.
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