Powell’s Rate Cut Hint Ignites Markets: Crypto Volatility as Dovish Shift Begins
Key Takeaways The Powell Put: How One Speech Reignited Risk Appetite Federal Reserve Chair Jerome Powell did not just open...
Users on Polymarket are wagering that there is a 71% likelihood that the Fed will lower interest rates by 25 basis points in September. As economic growth slows, there are increasing expectations that the Fed may loosen policy. Stocks, cryptocurrency, and other markets can be affected by even a slight change in interest rates, so traders are keeping a tight eye on things. In uncertain times, investors are weighing all of the Fed’s signals, as the projection illustrates.