Economists Predict Fed Rate Cut This Month to Boost Markets

Major economists predict a 25 basis point (bp) cut from the Federal Reserve this month, with further reductions expected before year-end. This anticipated rate adjustment, likely influenced by recent economic data and market sentiment, could boost liquidity and impact financial assets. Experts believe this shift in monetary policy could benefit cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). A 50bp move is considered unlikely.