Analysis: Fed Likely to Lower Interest Rates in September, Optimistic About Market
CryptoNewsTerminal Staff13 Jun, 2024
Analysis: Fed Likely to Lower Interest Rates in September, Optimistic About Market
The US Federal Open Market Committee (FOMC) dot plot released the previous day is still ambiguous, making it difficult to predict how many times interest rates will be cut this year. However, it is likely that interest rates will be cut in September, as the market is likely to watch in November and December. Considering the approval of ETH spot ETF, the market will be optimistic this year.