CoinOtag
2024-07-09 14:41:50

Bitcoin Rises Above $58,000 Following Key Remarks from FED Chair Jerome Powell

Jerome Powell, Chairman of the U.S. Federal Reserve, addressed the media ahead of the release of the Consumer Price Index (CPI) and Producer Price Index (PPI) data this week. During his address to the Senate Banking Committee, Powell emphasized the need for more positive economic data before considering any rate cuts. Powell’s key statements included

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