๐จ Breaking News:
Austan Goolsbee, a U.S. Federal Reserve official, says he expects more interest-rate cuts in 2026 than what the Fedโs median forecast currently shows.
What this means:
๐ More rate cuts โ borrowing becomes cheaper
๐ผ Could stimulate the economy
๐ Risk assets (like Bitcoin$BTC
BTC
90,031.54
-0.16%
) often react positively because lower rates make them more attractive
๐ค Suggests the Fed may lean more โdovishโ (supporting easier financial conditions)
92,386.14
+2.77%
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