The Federal Reserve (Fed) made its first rate cut in September and is expected to make another cut in November. Goldman Sachs analysts predict that the Fed will continue to cut interest rates by 25 basis points until June 2025. The market currently expects a 92.1% probability of a 25 basis point cut in November. Experts believe that rate cuts in the past have led investors to seek higher-risk assets like cryptocurrencies, such as Bitcoin. If interest rate cuts occur as projected, Bitcoin and other major cryptocurrencies could see a potential increase in price in the coming months.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-10-17
Goldman Sachs Announces Its Estimate on When and How Much the FED Will Cut Interest Rates Next!