Fed’s ‘Disinflationary Path’ Signals Potential Rate Cuts: What Does it Mean for Crypto Investors?

• Powell’s comments on a “disinflationary path” boost investor confidence in U.S. rate cuts.
• European markets are poised to rise, influenced by Powell’s optimism and French election developments.
• Tesla’s Q2 vehicle delivery report shows resilience despite challenges in the EV market.

Global markets rallied on Tuesday, buoyed by Federal Reserve Chair Jerome Powell’s comments suggesting the possibility of U.S. interest rate cuts. However, European markets remained cautious amidst political uncertainty in France and persistent inflation concerns.

Powell’s remarks fueled the belief that U.S. rate cuts could happen soon, leading to optimism in Asian markets and a similarly positive outlook for European exchanges. 

Powell’s statement that the U.S. is on a “disinflationary path” boosted investor confidence, putting the dollar on the defensive and lowering Treasury yields. However, Powell also emphasized the need for more data before policymakers could decide on rate cuts, noting the importance of verifying that observed inflation levels accurately reflect underlying economic conditions.

In Europe, the aftermath of the French election remains a focus. Opponents…

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