Crypto Markets and Equities Jump As U.S. Fed Chair Jerome Powell Alludes to Upcoming Rate Cuts
August 24 2024 - 12:55PM
The Daily Hodl
The crypto and stock markets surged Friday after Federal Reserve
Chair Jerome Powell alluded to upcoming rate cuts in a speech at an
economic symposium. While speaking in Jackson Hole, Wyoming, Powell
said the economy was growing at a “solid pace” but noted that
inflation and labor market data indicated an “evolving situation.”
“The upside […]
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Crypto Markets and Equities Jump As U.S. Fed Chair Jerome Powell
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U.S. Fed Chair Jerome Powell Alludes to Upcoming Rate Cuts
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