US Federal Reserve Interest Rate 2024-2025
And here’s the chart of the interest rate. USINTR

I’ll just take a wild guess! Don’t judge me too harshly, but they might keep the rate steady, with a potential cut closer to the elections.

Logically, though, it would make more sense to cut it now, so the masses think there’s no recession coming and that the “Democrats” are saving the world like Chip and Dale.

But people seem to forget that it’s the Democrats who’ve hiked the rate from 0.25% to 5.5% over the past four years, putting the economy in its worst shape in the last 15 years. Getting excited about these 0.25-0.5 point cuts is, at the very least, naive.

So, at the November meeting, most likely just before the elections, we might see a “boost”—a rate cut of 0.5, or even a whole point (wishful thinking). This could lead to another spike in Bitcoin’s price.

These thoughts lead me to believe that the Democrats (Kamala Harris) will win, followed by one more meeting in December, where they might hold or lower the rate again with the new U.S. president in place.

And by late January 2025, the world might plunge into chaos, oops—I mean the rates will start climbing again. The next cut might not come until 2026.

That’s why I’d expect the recession we’ve been hearing about for over two and a half years to finally kick in.

Just my two cents!
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UPD: After all, let’s stick with “logically,” so I’m counting on a rate cut this time too.
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