The U.S. Federal Reserve, led by Jerome Powell, hints at a possible interest rate cut, creating optimism among economists and market participants, including those in the cryptocurrency sector.
Changes in Fed Strategy
The Federal Reserve is considering changing its approach, shifting its focus from strictly controlling inflation to supporting employment levels. The expected announcement in September raises positive expectations, particularly among crypto enthusiasts.
Opinions of Fed Members
Fed member Christopher Waller supports the idea of an interest rate cut, noting the stabilization of the 10-year treasury bond yield and the potential for successive cuts. He emphasized that any inflation fluctuations should be temporary with a target return to 2% within six months.
Fed member Alberto Musalem also shared his views, stressing the need for balance in the labor market, forecasting the creation of 30,000–80,000 new jobs monthly. He cautioned against over-focusing on single economic measures.
Market Expectations and Consequences
Analysts predict a 91.8% chance of a rate cut. The Fed's policy changes aim to maintain employment alongside stable inflation. Tariff impacts are expected to be temporary, affecting the economy over the next few quarters.
Investors and market participants are keenly awaiting the upcoming decision, which could positively impact financial markets and the cryptocurrency sphere.
Based on recent comments from Fed members, the possibility of an interest rate cut seems plausible. This change could create a more favorable environment for markets and support the development of the cryptocurrency sector.
