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Federal Reserve Chairman Jerome Powell, speaking at a press conference after the central bank's latest meeting, hinted at the possibility of reducing policy restraint later in the year, provided the economy progresses as anticipated. However, Powell also acknowledged the uncertainty surrounding the economic outlook and the ongoing challenge of achieving the 2% inflation target.
In contrast to the optimism surrounding potential rate cuts and the subsequent rise in stock markets, Bitcoin experienced a downturn in the past week.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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