Markets
Bitcoin (BTC) Price Squeezed Below $72K, But Conservative Fed Amid Weak US Data, Global Rate Cuts Could Bring All-Time Highs
The big question going forward is whether the US Federal Reserve can join the rate-cutting trend, and while some central bank members have suggested that any monetary easing could be a 2025 story, recent data shows a softening in both inflation and inflation. as in economic growth. The government’s May employment report will be released tomorrow, and a weak reading could increase the odds of an imminent Fed rate cut.