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Federal Reserve Chair Jerome Powell‘s remarks on Friday signaling potential interest rate cuts have ignited cautious optimism among financial experts, particularly in the cryptocurrency sector. What Happened: Industry experts are drawing parallels to previous rate cuts and their historical impact on digital assets, while also acknowledging the broader economic implications. Powell’s remarks, centered on the Fed’s growing confidence in the battle against inflation, signaled a shift in focus from an aggressive stance on price stability to a more balanced approach that also considers employment. …

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