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Hosein🎩🔮🧀🐹
@hosein
The crypto market is now betting heavily that the US Federal Reserve will cut interest rates by 0.25% in December. According to the CME FedWatch tool, the chances of this happening have risen to 74.5%, up from 66% just a few days ago. This means more and more investors believe the central bank will take action at its meeting on December 17-18. If the Fed cuts rates, it would be the third reduction this year.
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