‼️ Fed - Interest Rate Decision!

ACTUAL: 5.00% (-0.5%)
FORECAST: 5.25%
PREV: 5.50%

@Сryptoz ₿

❗️ COVER LETTER #FEDERAL SERIES

▫️Economic activity continues to grow at a solid pace.
▫️Job growth has slowed.
▫️Unemployment has increased but remains low.
▫️Inflation is steadily moving toward the 2% target.
▫️The risks to the Fed's dual mandate are balanced (inflation/labor market).
▫️The economic outlook is uncertain.
▫️The Fed's further monetary policy depends on macro data.
▫️The Fed will continue to reduce its balance sheet (#QT).
▫️This year, the Fed expects two more rate cuts of 25 bp each.
▫️Fed Rate Forecast = 3.4% by end-2025.
▫️Inflation Forecast = 2.3% by end-2024 (previously = 2.6%).
▫️GDP Forecast = 2% by end-2024 (previously = 2.1%).
▫️Unemployment Forecast = 4.4% by end-2024 (previously = 4%).

C76KOYJU
@Сryptoz ₿

💥 FedWatch: Probability of a 25 bp Fed rate cut in November = 61.5%!

5JVOPTGF
@Сryptoz ₿

⚡️ Jerome Powell (#Fed Chair):

✔ The economy is generally strong.
✔ The labor market continues to cool, a notable improvement from earlier this year
✔ Our decision today reflects growing confidence that labor market stability can be maintained.
✔ Consumer spending remains stable.
✔ Inflation has declined markedly, but remains above our target.
✔ The labor market is not a source of increased inflationary pressure.
✔ We expect stable GDP growth.
✔ Risks to inflation have declined.
❗️ Risks to a worsening labor market (employment) situation have increased.
✔ Our forecasts are not a plan or a decision.
✔ We will adjust the Fed's monetary policy as needed.
✔ If labor market conditions worsen, we will be able to respond.
❗️ We can cut rates faster or slower, or pause if appropriate (all depends on the economy).
✔ Most Fed chairs supported today's 50bp cut, but there was a lot of debate.

AOX1AY2T
@Сryptoz ₿

❗Jerome Powell (#Fed Chair):
(Part 2)

✔ Today's interest rate decision is a good start for the Fed to begin easing its monetary policy.
✔ I don't think we are behind schedule.
✔ The labor market is stable, we intend to maintain this.
✔ The 50 bp rate cut is NOT an attempt to catch up or change the pace of Fed monetary policy easing.
✔ We want to maintain a strong US economy.
✔ Retail sales and GDP for the 2nd quarter indicate sustainable economic growth - this will also support the labor market.
✔ The Fed was very patient, other global central banks started cutting rates earlier.
✔ There is no need for further cooling of the labor market to reduce inflation to 2%.
✔ We are not declaring victory over inflation yet.
✔ Housing inflation is one of the factors that is slowing down the process a little.
✔ We could have easily cut the rate in July if we had had employment data at that time.

21E8Z494
@Сryptoz ₿

🚫🇺🇸 #RARI SEC Sues DeFi Platform Rari Capital – Document

“Rari Capital and its founders misled investors and operated as unregistered securities brokers.”

“Earn pools and Fuse pools operated as cryptocurrency investment funds.”

LNVFI72B
@Сryptoz ₿

😳 Kamala Harris is already ahead of Donald Trump by 4% on Polymarket

SM7VNG6R
@Сryptoz ₿

🚨🚨🚨 $63,000 Bitcoin

- $146,680,000 worth of SHORT positions liquidated in 24 hours (coinglass)

NI8C0LLQ
@Сryptoz ₿

🔝 TOP 4 Countries by BTC Balance! (Arkham)

1. USA – $12,160,000,000

2. UK – $3,670,000,000

3. Bhutan – $785,460,000

4. El Salvador – $351,750,000

Honorable Mention – Germany Now Has “ZERO” (After $3.56 Billion Sale)

BYVHT9NF
@Сryptoz ₿

😳 7 of the world's 10 largest central banks have already begun to cut interest rates - Reuters

Investors expect strong volatility + talk of RECESSION is intensifying amid the Fed's rate cut by 50 bps at once.

Z8BEZEE2
@Сryptoz ₿

🐃 Twitter is actively pushing the topic of increasing the money supply (#M2) of global central banks - Bitcoin Magazine

Historically, the bullish trend of BTC has been accompanied by an increase in M2 + to this is added the easing of the monetary policy of global central banks.

X1M3QCV8
@Сryptoz ₿

🏆🏆🏆
❗️Kamala Harris promises that everything will be OK with the crypto industry! (more)

+ #inside from Reuters - "Kamala Harris will show the way to wealth accumulation as early as this week"

+ Standard Chartered: Bitcoin will grow to $200,000 by the end of 2025 (under any US president)

9EJFR623
@Сryptoz ₿

🏆🏆🏆
#calendar
⚡️ Calendar of key events for this week

Monday, September 23rd:
🇯🇵 Japan - no trading - Autumn Equinox
🇺🇸 USA - Manufacturing/Services/Composite PMI (Sep)

Tuesday, September 24th:
- Nothing important.

Wednesday, September 25th:
- Nothing important.

Thursday, September 26th:
🇺🇸 USA - GDP (Q2)
🇺🇸 USA - Initial Jobless Claims
🇺🇸 USA - Durable Goods Orders (Aug)
🔥 USA - Speech by J. Powell
🇺🇸 USA - Fed Balance Sheet

Friday, September 27:
🔥 USA - PCE Price index (Aug)

G7EJA6EY
@Сryptoz ₿

🏆🏆🏆
🔥 SEC Approves Listing of BlackRock Spot Bitcoin ETF Options – Document

▫️Eric Balchunas: “The SEC’s decision is just one step in the approval process, and we still need the green light from the OCC and CFTC.”

❗️Larry Fink, CEO of BlackRock: “Bitcoin is a legitimate financial instrument that deserves to be in investment portfolios.”

▫️Bitwise: “The launch of BlackRock Spot Bitcoin ETF options will lead to a significant increase in volatility.”

NUKS8MN2
@Сryptoz ₿

🏆🏆🏆
🇺🇸 Donald Trump has issued silver coins priced at $100. Sales are scheduled to begin on September 25, 2024.

The coins are minted from 999 fine silver. Trump himself is depicted on the obverse, and the White House is depicted on the reverse.

XIAKRM95
@Сryptoz ₿

🏆🏆🏆
🇺🇸 Donald Trump: "Cryptocurrency has a bright future. It can pay off the US national debt of $35,000,000,000,000."

C83CLQT7
@Сryptoz ₿

🏆🏆🏆
#unlock
🔒 TOP token unlocks from September 23 to 29!

▫️#VENOM - $25.11 million
▫️#YGG - $6.57 million
▫️#AGIX - $5.73 million
▫️#FET - $5.61 million
▫️#ENA - $3.80 million
▫️#GAL - $0.98 million

CWHWS83W
@Сryptoz ₿

🏆🏆🏆
👟 #GMT STEPN GO and Adidas announced a collaboration – announcement

A mint of a new NFT collection will be opened on September 25 (circulation = 1000 pcs)

7CUD39Z9
@Сryptoz ₿

#opinion 🤔 In Q4 2016, Bitcoin grew by 61%, in 2020 – by 171%. What awaits us in Q4 of this year? History may repeat itself… (Ali Martinez)

14J5OR4I
@Сryptoz ₿

🏆🏆🏆
🇺🇸 US Macro Data:

▪️ Manufacturing PMI (Sep)

ACTUAL: 47.0
FORECAST: 48.6
PREV: 47.9

▪️ S&P Global Composite PMI (Sep)

ACTUAL: 54.4
FORECAST: 54.3
PREV: 54.6

▪️ Services PMI (Sep)

ACTUAL: 55.4
FORECAST: 55.3
PREV: 55.7

69L3ROGT
@Сryptoz ₿