Upcoming rate cut affects inflation and jobs: The Federal Reserve’s anticipated rate cut comes as inflation reaches 2.7% and unemployment hits 4.2%. Market analysts, including QCP Group, foresee minimal impacts on capital and crypto markets, despite BTC experiencing a 2.2% price drop.
Confident yet cautious economic outlook: Fed Chair Jerome Powell expressed confidence in the economy’s growth but stressed caution. The Fed’s decisions aim to balance monetary policy and economic growth, especially with upcoming political changes following President-elect Donald Trump’s inauguration.
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