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Three Rate Cuts Now Likely📈Crypto Market Update
A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower. Bowman said that “the latest labor market data reinforce my view” that the Fed should cut interest rates three times this year.
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00:00 Intro
00:10 Sponsor: Gemini
01:10 Rate cut cycle
01:55 Odds skyrocket
02:55 Mohamed El-Erian: The Fed's scope has been too narrow
04:50 3…
The skinny
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