Bitcoin Price (BTC) Might be Buoyed by Larger Fed Rate Cut

“I
think
[it]
is
a
close
call,”
Jon
Faust,
previously
a
senior
advisor
to
Fed
Chair
Jerome
Powell,
told
Timiraos.
“You
can
make
a
very
good
case
for
50,”
said
Esther
George,
president
of
the
Kansas
City
Federal
Reserve
for
more
than
a
decade
until
last
year.
She
noted
that
the
Fed
moved
quickly
to
tighten
policy
above
the
“neutral”
rate,
so
it
might
make
sense
for
the
central
bank
to
move
just
as
quickly
to
ease.