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CoinGape 2024-04-04 11:25:03

Fed’s Powell Says No Rush for Interest Rate Cuts, More Pain for Bitcoin (BTC)?

Federal Reserve officials, led by Chairman Jerome Powell, indicated on Wednesday, April 3, that further deliberation is needed before implementing any interest rate cuts. While financial analysts have speculated about potential rate cuts by June 2024, there remains uncertainty surrounding this timeline. Consequently, risk-ON assets such as Bitcoin and equities may experience extended consolidation before The post Fed’s Powell Says No Rush for Interest Rate Cuts, More Pain for Bitcoin (BTC)? appeared first on CoinGape .

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