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âïžKamala Harris promises that everything will be OK with the crypto industry! + #inside from Reuters - "Kamala Harris will show the way to wealth accumulation as early as this week" + Standard Chartered: Bitcoin will grow to $200,000 by the end of 2025 (under any US president)
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âïžJerome Powell (#Fed Chair): (Part 2) â Today's interest rate decision is a good start for the Fed to begin easing. â I don't think we are behind schedule. â The labor market is stable, we intend to maintain this. â The 50 bp rate cut is NOT an attempt to catch up or change the pace of Fed easing. â We want to maintain a strong US economy. â Retail sales and GDP for the 2nd quarter indicate sustainable economic growth - this will also support the labor market. â The Fed has been very patient, other global central banks started cutting rates earlier. â There is no need for further labor market cooling to reduce inflation to 2%.
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⥠Jerome Powell (#Fed Chair): â The economy is generally strong. â The labor market continues to cool, a notable improvement from earlier this year. â Our decision today reflects growing confidence that labor market stability can be maintained. â Consumer spending remains stable. â Inflation has declined markedly, but remains above our target. â The labor market is not a source of increased inflationary pressure. â We expect stable GDP growth. â Risks to inflation have declined. âïž Risks to a worsening labor market (employment) situation have increased. â Our forecasts are not a plan or a decision. â We will adjust the Fed's monetary policy as needed. â If labor market conditions worsen, we will be able to respond. âïž We can cut rates faster or slower, or pause if appropriate (all depends on the economy). â Most Fed chairs supported today's 50bp cut, but there was a lot of debate.
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âŒïž The Fed is making an interest rate decision! FACT: 5.00% (-0.5%) FORECAST: 5.25% PREV.: 5.50% #cryptoz
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LONG #MEWUSDT Â from $0.00422Â stop loss $0.003659 4h TF. a rebound from the support zone, with a preload to an inclined one, and increasing volumes, I expect a breakdown and a move to the test or a move to the liquidity zone. Enter a position from the current price or at the price of 0.0042, one averaging at your discretion, CROSS, observe your RM (risks) and your TS (trading strategy)
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