Fed Rate Cut to 4%-4.25% Could Shift $7 Trillion from Money Markets to Crypto

TLDR Federal Reserve cut interest rates by 25 basis points to 4%-4.25% range FOMC members split on additional rate cuts in 2025 (10 members favor two or more cuts, 9 favor fewer or none) Powell emphasized viewing economic projections through “lens of probability” rather than certainty Approximately $7.2-7.5 trillion remains in money market funds that [...]

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