Bitcoiners who celebrate every corporate announcement as long as it pumps their bags don’t see that they became part of a game that has nothing to do with Bitcoin’s original vision
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Federal Reserve Chair Powell Considers Impact of Government Shutdown on December Meeting
According to Odaily, Federal Reserve Chair Jerome Powell has indicated that a government shutdown could potentially influence the December meeting. In the absence of economic data, a more cautious approach may be necessary. The lack of economic data could justify a pause in rate adjustments. According to CME FedWatch, the probability of a rate cut by the Federal Reserve in December stands at 55.9%, down from 66.9% a day earlier.
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