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Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says

CoinDesk LogoCoinDesk16h ago

Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says - CoinDesk

Quick Summary:

Delayed rate cuts could be more aggressive when they happen, the investment bank said.

Bitcoin has rallied from $96,000 to $99,5000 since Wednesday's Fed decision, with President Donald Trump's tease of a trade deal with a major economy helping restore the risk sentiment.

The investment bank said the wait-and-see stance could "persist through to September".

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Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Omkar Godbole

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 13:19:48 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 221 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 28494344

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 25 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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  • URL: https://saintseiya.beamstart.com/news/much-awaited-fed-rate-cut-17467124255182

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