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Jerome Powell Signals No Rush to Cut Rates, Bitcoin Falls

Fed Chair Jerome Powell has indicated that further rate cuts this year aren’t certain and that it will depend on the incoming data. This comes amid concerns of rising inflation and a softening labor market at the same time. Meanwhile, the Bitcoin price has dropped amid the Fed Chair’s press conference. Jerome Powell Says No

The post Jerome Powell Signals No Rush to Cut Rates, Bitcoin Falls appeared first on CoinGape.

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