3:14 p.m. New York time
Federal Reserve Chairman Jerome Powell said the pace of future interest rate cuts will depend on how the U.S. economy performs.
"We expect that process to take time as you can see in the projections we release today," Powell said in a press conference after a two-day meeting of the Federal Open Market Committee.  "We can't look a year ahead and know what the economy will be doing."
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Hello mooers!
August 2024 has been a tumultuous month, characterized by significant fluctuations influenced by economic indicators, corporate financials, and global events. From unexpected economic data to pivotal earnings reports that swayed the markets considerably, our community actively engaged, exchanging insights and experiences. Here's a look at how some of the mooers navigated the complexities of the market, exploring the nuances of options trading d...

There's a common belief that Federal Reserve rate cuts may boost Bitcoin's price. While this idea has merit, it's too simplistic. With rate cuts now happening, let's delve deeper:
- Why do rate cuts affect Bitcoin's price?
- Does Bitcoin always rise immediately after a rate cut?
- How much can rate cuts boost Bitcoin's price?
These questions are crucial for our investment strategy. Let's explore them in this article.
Rate cuts: Boosting liquidity and ...

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