CryptoMichNL Predicts FED Rate Cuts and Market Injection | Flash News Detail | Blockchain.News

CryptoMichNL Predicts FED Rate Cuts and Market Injection

9/18/2024 4:25:11 PM

CryptoMichNL Predicts FED Rate Cuts and Market Injection

According to CryptoMichNL, the upcoming FOMC meeting is a significant event for the markets. More crucially, the dot plot and quantitative easing (QE) measures will be in focus. There is a high likelihood that the Federal Reserve will begin cutting interest rates while simultaneously injecting money into the markets to support upward momentum, especially with the elections approaching. CryptoMichNL recommends going long on Bitcoin, Ethereum, and DeFi assets. (Source)

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More from Michaël van de Poppe (@CryptoMichNL): Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast