🚨 The interest rate cut narrative the markets were expecting appears to be on hold for now. Although Trump says he won’t pressure the new Fed chair, 72 out of 102 economists surveyed by Reuters expect the Fed to hold rates steady for the remainder of 2026. So instead of the market’s hoped-for: ✅ Rapid rate cuts We’re now facing: ⏸️ A prolonged period of high rates. If this expectation proves correct, the real test for risk assets may not have even begun yet. Source: Reuters Poll #Fed #Bitcoin #Nasdaq
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