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Federal Reserve Cuts Rates by 25 Basis Points, Boosting Market Hopes
The Federal Reserve has officially reduced interest rates by 25 basis points, a move in line with market expectations. This rate cut is largely seen as a boost to markets, providing additional liquidity that could support risk-sensitive assets like cryptocurrencies.
However, experts caution that while short-term benefits are likely, continued inflationary concerns may prompt the Fed to take a more hawkish approach in the near future.
Source: www.crypto-news.net
