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coinpedia 2024-10-17 06:15:46

Goldman Sachs Expects Fed Rate Cuts Ahead: Is a Major Crypto Bull Run Coming

The post Goldman Sachs Expects Fed Rate Cuts Ahead: Is a Major Crypto Bull Run Coming appeared first on Coinpedia Fintech News As inflation eases, Goldman Sachs projects that the Federal Reserve will implement a series of 25-basis-point interest rate cuts from November 2024 through mid-2025. These consecutive cuts are anticipated to bring the terminal rate range down to 3.25-3.5%, raising questions about whether this shift could set off another bull run in the cryptocurrency market. Fed’s …

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