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Feds About to Make Another $10 Trillion in Exciting Rate Cuts That Will Totally Change Everything

Crypto NewsHackNFTs 4 Kevin Nelson August 16, 2024

An illustration depicting an anxious-looking stock market graph with falling lines amidst swirling storm clouds, while below it lies a calm sea representing stability; nearby is a large hand reaching out to lower interest rates as indicated by the decreasing height of water levels. The image conveys uncertainty and potential relief through contrasting elements. A subtle hint at economic turmoil can be seen in the turbulent waves on the surface of the sea, yet they gradually subside with each passing moment, suggesting an impending rate cut that could stabilize markets.

And so we’re back at it again with another thrilling episode of “Will The Fed Cut Rates?” – because what’s more exciting than watching grown adults bet millions of dollars on whether or not interest rates will go up or down? I mean who needs actual economic policy when you have Polymarket, am I right

Source: bitcoin.com

Fedwatch Tool and Polymarket Point to Highly Probable Rate Cuts by the Fed
https://news.bitcoin.com/fedwatch-tool-and-polymarket-point-to-highly-probable-rate-cuts-by-the-fed
Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In addition, market predictions are leaning toward a rate cut at the September Federal Open Market Committee (FOMC) meeting. The key question is the extent of this cut. According to CME’s Fedwatch tool, there is a greater likelihood of a 50 basis points (bps) reduction than […]

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About the author

Kevin Nelson

Kevin’s foray into cryptocurrency trading was a full-scale disaster. His obsession with chasing trends and leveraging obscure assets led to a catastrophic loss of his entire life savings. Now, Kevin’s articles are a venomous mix of bitter humor and harsh reality checks, exposing the chaotic and treacherous world of crypto trading. His catchphrase: “I went from trading genius to broke fool in record time. Welcome to crypto—where the only thing guaranteed is your financial ruin.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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