Federal Reserve Chair Jerome Powell has shaken up market expectations, stating that the Fed does not need to wait for inflation to hit 2% before cutting interest rates. This hints at a potentially earlier-than-expected shift in monetary policy, fueling investor optimism.
In another pro-market move, Powell also clarified that banks are free to fully serve crypto customers, easing regulatory concerns that have weighed on the industry.
With rate cuts on the horizon and a friendlier stance on crypto, could we be entering the next big market rally?
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