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In March 2022, the Fed started raising interest rates due to the economic distortions it saw. We looked at the same aberrations above in labor, inflation, and economic output. However, now, all those measures have returned back to normal. Yet, monetary policy has not. So, like I said at the start, don’t be surprised when policymakers cut rates later this week and even more moving forward. And as this happens, it should support more stability in economic growth and underpin a steady rally in crypto investments like bitcoin and ether.
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The Fed Is Set to Cut Rates, Boosting the Outlook for Crypto
