CoinOtag
2024-07-06 01:24:47

JPMorgan Cautions Crypto Investors as Fed Rate Cuts Seem Unlikely in 2023

The Federal Reserve’s approach towards interest rates has been a hot topic as the year progresses, especially following unexpected first-quarter inflation data. While the market had anticipated a 150 basis point rate cut by the end of 2023, the reality has necessitated a reevaluation by financial authorities. Fed officials are now suggesting no rate cuts

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