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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Following Federal Reserve Chairman Jerome Powell's remarks, market expectations for interest rates in 2025 shifted significantly:
▪️ The probability of holding rates steady without a cut rose to 25%
▪️ The probability of two rate cuts fell from 40% to 33%
▪️ The probability of one cut increased to 27%.
Powell's remarks reinforced the scenario of maintaining higher rates for a longer period, with cautious anticipation of inflation and growth data.
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