May 11, 2025

Powell Teases Fed Rate Cuts Before 2% Inflation Mark, Bitcoin Rally Ahead?

1 min read

Federal Reserve Chair Jerome Powell has indicated that the Central Bank will not adopt a wait-and-see approach until the interest rate dips to 2% before cutting interest rates. Recent data from the U.S. Labor Department shows declining inflation to 3% although still above the Fed’s 2% target. This increased bullish sentiment in the market as The post Powell Teases Fed Rate Cuts Before 2% Inflation Mark, Bitcoin Rally Ahead? appeared first on CoinGape .

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