🚨 EMERGENCY UPDATE 🚨$BTC
Today, Fed Chairman Jerome Powell is giving a highly anticipated speech that could significantly impact financial markets. There’s growing concern that the Fed may be too late in cutting interest rates, which is putting a lot of pressure on Powell. Investors are no longer questioning whether the Fed will cut rates in September, but by how much—either 25 or 50 basis points. In his previous speeches, Powell has been cautious and avoided giving away too many details, and he might do the same today. However, he could still signal that a rate cut is coming, though he may not specify how large it will be.
