June 17, 2025

Bitcoin Surges as Fed’s Jerome Powell Signals Potential Rate Cuts

1 min read

Federal Reserve Chair Jerome Powell’s latest comments have significant implications for the financial markets, including the crypto sector. Powell acknowledged a slight easing in inflation and noted the risks associated with both high inflation and elevated interest rates. “More good data would strengthen confidence that inflation is moving toward the 2% target,” Powell remarked, hinting

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Source: CoinOtag

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