Federal Reserve’s **Pivotal** Move: Powell Downplays 25 Basis Point Impact
The Federal Reserve recently implemented a 25 basis points (bp) interest rate cut. This decision holds significant implications for global markets. Cryptocurrency investors, in particular, often watch these macro shifts closely. However, Chairman Jerome Powell downplayed its immediate economic impact. This article delves into Powell’s rationale. It also explores the broader implications for the economy […]
