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Paul Kid
@paulkid
Summary of the FED meeting last night He is quite confident that the relationship between the FED and the new Donald Trump administration will be good, but he still maintains his opposition to the President's proposal on interest rate policy The US economy is growing very well and the FED is satisfied with the current situation. Inflation has dropped sharply, the unemployment rate remains stable. The FED has adjusted interest rates very very quickly, the economy is doing well so we need to be a little more cautious People see Bitcoin as a speculative asset, but Bitcoin is digital gold and its competitor is gold, not the USD and it has no effect on weakening the USD! š The rate of interest rate reduction by 0.25% on the FED WatchTool increased to 79.3% compared to the unchanged 20.7% and Bitcoin is getting closer to the 100K resistance after Powel's speech
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