Reserve

Chair

Coin

<ul class="news-points">
 <li>Powell’s comments on a “disinflationary path” boost investor confidence in U.S. rate cuts.</li>
 <li>European markets are poised to rise, influenced by Powell’s optimism and French election developments.</li>
 <li>Tesla’s Q2 vehicle delivery report shows resilience despite challenges in the EV market.</li>
</ul>
Global markets rallied on Tuesday, buoyed by Federal Reserve Chair Jerome Powell’s comments suggesting the possibility of <a href="https://www.reuters.com/markets/europe/global-markets-view-europe-2024-07-03/" target="_blank" rel="noopener noreferrer nofollow">U.S. interest rate cuts</a>. However, European markets remained cautious amidst political uncertainty in France and persistent inflation concerns.
Powell’s remarks fueled the belief that U.S. rate cuts could happen soon, leading to optimism in Asian markets and a similarly positive outlook for European exchanges.&nbsp;
Powell’s statement that the U.S. is on a “disinflationary path” boosted investor confidence, putting the dollar on the defensive and lowering Treasury yields. However, Powell also emphasized the need for more data before policymakers could decide on rate cuts, noting the importance of verifying that observed inflation levels accurately reflect underlying economic conditions.
In Europe, the aftermath of the French election remains a focus. Opponents…
The post <a href="https://coinedition.com/feds-disinflationary-path-signals-potential-rate-cuts-what-does-it-mean-for-crypto-investors/" rel="noopener noreferrer nofollow">Fed’s ‘Disinflationary Path’ Signals Potential Rate Cuts: What Does it Mean for Crypto Investors?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Fed’s ‘Disinflationary Path’ Signals Potential Rate Cuts: What Does it Mean for Crypto Investors?

Coin Edition

2024년 7월 3일에 게재된 다른 기사

Time to Ditch the Glitch at Polygon and Solana, Unlock the Ultra-Futuristic Qubetics Whitelist

Expert Analyzes Factors Behind Bitcoin Price Weakness and Predicts Positive Turnaround

NFTFi, Marketplace Trading Service Restriction

New Solana Memecoin Playboy Biden Explodes 860% and Will Skyrocket Another 11,000%, As It Prepare...

Bitcoin and Ethereum Transaction Fees Hit New Lows, Benefiting Users but Challenging Miners

BTC Eyes $63,000 Amid Positive Liquidity Trends and Technical Breakout Signals

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!