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Coingape

Crypto Market Tumbles as Jerome Powell Says December Rate Cut 'Far From Certain'

The crypto market turned sharply lower on Tuesday after Federal Reserve Chair Jerome Powell said another interest rate cut in December is "far from certain." His comments dampened investor optimism that the Fed would continue easing monetary policy to support slowing growth. Powell Ends Quantitative Tightening, Hints At No Rate Cut in December Speaking afterThe post Crypto Market Tumbles as Jerome Powell Says December Rate Cut 'Far From Certain' appeared first on CoinGape.

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