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Federal ReserveCoinGape
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73% Informative
The Federal Reserve cut interest rates by 0.25% to 4.5%-4.75% , slower than the 0.5% cut in September .
Fed Chair Powell signaled a potential slowdown in future easing, tempering excessive optimism.
Bitcoin (BTC) surged, reaching a new high of $ 76,990 before slightly retreating, still up 1.2% over the past 24 hours .
US stock market and Bitcoin price reached record highs on Thursday following the Federal Reserve meeting.
Powell feels it has begun to cool the labor market.
Approaching a neutral level of rates, the Fed is considering slowing the rate of cuts.
Powell did affirm he would not resign if asked.
Bitcoin could offset US Deficit , serve as Treasury Reserve , says Fundstrat ’s Tom Lee .
VR Score
75
Informative language
80
Neutral language
29
Article tone
formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links