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Fed rate cutsCoinGape
•70% Informative
The European Central Bank decided to keep interest rates steady on July 18 .
This move has raised speculations of the U.S. Federal Reserve following a similar approach.
IMF has also issued a warning, advising the Federal Reserve to save rate cuts for late 2024 .
This advice aligns with the Fed ’s cautious stance, influenced by robust economic growth and ongoing inflation concerns.
Bitcoin has shown sensitivity to interest rate changes.
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