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Crypto Market Awaits FOMC Minutes & Fed Chair Powell's Speech

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Summary
Nutrition label

77% Informative

The crypto market awaits key events next week , which include the July FOMC Minutes and Fed Chair Jerome Powell ’s speech at the Jackson Hole Retreat .

The global financial market, along with the crypto market, is eagerly waiting for these events, with anticipation soaring over a potential rate cut by the US Federal Reserve in September .

CME FedWatch Tool data showed that there is a 75% chance of the Fed announcing a 25 bps rate cut at their September meeting.

VR Score

69

Informative language

62

Neutral language

65

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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