{"content":"JUST IN: Fed Chair Powell Signals Rate Cuts Ahead 🏦💸 In a pivotal speech at the Jackson Hole Economic Symposium, Federal Reserve Chair Jerome Powell declared, "The time has come for policy to adjust," indicating a readiness to lower interest rates. Key Highlights: 📉 Interest Rate Reduction: The Fed lowered the federal funds rate by 0.5 percentage points to a range of 4.75%–5%, marking the first cut in four years. 📊 Economic Outlook: Powell emphasized that while inflation risks have diminished, the labor market shows signs of cooling, necessitating policy adjustments. 🗓️ Future Actions: The pace and timing of further rate cuts will depend on incoming economic data and evolving risks. What This Means: Lower interest rates can stimulate economic activity by making borrowing cheaper, potentially impacting investments, consumer spending, and the broader financial markets. Stay tuned for more updates on how these changes might affect the crypto landscape. #FederalReserve #InterestRates #EconomicPolicy #BinanceSquare ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/18/3dc11ccbcfeb4bbd8ba97626ad88343b.jpg","https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/18/8893f851d3514b90bd03eaddef7e0934.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}