
Crucial Fed Rate Cut Optimism Rises as Scott Bessent Signals Potential Acceleration
The cryptocurrency market often reacts to macroeconomic signals. A recent statement from U.S. Treasury Secretary Scott Bessent has captured significant attention. He suggested that the Federal Reserve (Fed) might initiate an **interest rate reduction** with a 25-basis-point (bps) cut, potentially accelerating the pace thereafter. This outlook presents a crucial **Fed rate cut** scenario for investors. […]