Dec 26, 2023
The Powell Pivot: Strategic Move or Desperate Play? ㅤ The Federal Reserve's unexpected signal for potential rate cuts in 2024 suggests a fearful anticipation of economic turbulence, possibly driven by erratic behaviors in cryptocurrency markets and looming bank losses. As #Bitcoin teeters around $40K and the Fed backpedals on rate hikes, speculators and investors alike wonder: what looming crisis is the Fed trying to forestall?
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