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🌍 SoSoValue Macro Analysis 2024/09/18: Fed initiates rate-cut cycle with 50 bps reduction, Signaling Economic Support; Medium-term Bullish for Crypto.

Grasping macroeconomic releases alongside other crucial facts enhances your ability to predict market trends. While the market often presents a multitude of signals, concentrating on key factors can streamline your understanding and simplify the process.

💡 Today's Key Update:
The Fed’s policy-setting committee cut the federal funds rate by 50 basis points