CryptoCross-TalkClub
On December 10th, the Federal Reserve's FOMC meeting concluded, and Powell's actions this time are quite interesting—an expected 25 basis point rate cut, bringing the rate range down to 3.5%-3.75%. But the focus is on what comes next: he directly stated that there might only be one rate cut in 2026, while suddenly announcing this month’s plan to purchase $40 billion worth of short-term government bonds.
This move caused a brief excitement in the crypto and US stock markets, but upon reflection, it may not be a good sign in the long run.
**First, let's discuss the hawkish side**
The latest Fed
View OriginalThis move caused a brief excitement in the crypto and US stock markets, but upon reflection, it may not be a good sign in the long run.
**First, let's discuss the hawkish side**
The latest Fed