Markets
Bitcoin (BTC) Price Squeezed Below $72,000, But Fed Is Dovish Amid Soft US Data, Global Rate Cuts Could Reach All-Time Highs
The big question going forward is whether the US Federal Reserve could join the trend of lower rates, and although some members of that central bank have suggested that any monetary easing could be delayed until 2025, data Recent data have shown a slowdown in inflation and economic growth. Tomorrow comes the government’s May jobs report and a weak reading could increase the chances of an imminent Fed rate cut.