Morgan Stanley Strategist Foresees September Rate Cuts by Fed and ECB, Potential Bitcoin Bull Run

Bitcoin’s potential surge as central banks consider rate cuts in September 2024. Morgan Stanley’s strategic analysis proposes economic slack favorable for cryptocurrency growth. “Cooling inflation signs are promising for future rate reductions.” – Morgan Stanley’s Andrew Sheets. Morgan Stanley anticipates rate cuts by the Fed and ECB in September, potentially igniting a crypto market boom.

Source: CoinOtag