Fed Rate Cut Odds Soar to 90% Post-Powell Speech, Crypto Market Rallies

News Flash 23/08/2025 15:31
Market expectations for a 25 basis points rate cut in September have surged to 90% following Jerome Powell's speech at Jackson Hole. Powell's remarks shifted focus from inflation concerns to supporting the labor market, prompting a significant rally in the cryptocurrency market. The anticipation of a rate cut has led to a notable increase in digital currency prices, reflecting the ongoing economic adjustments and their impact on various sectors. This development underscores the sensitivity of the crypto market to monetary policy changes.
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