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Bank of America CEO Warns FED About Interest Rates! Bitcoinsistemi 12 Aug 2024

Bank of America CEO Warns FED About Interest Rates! ⚠️

Bank of America CEO Brian Moynihan urged the FED to avoid postponing interest rate cuts. This warning coincided with Bitcoin experiencing a decline at the start of the new week. Moynihan expressed concerns about the potential economic impacts if the FED does not act swiftly in reducing rates. The warning underscored the interconnectedness of traditional banking and cryptocurrency markets, highlighting ongoing economic uncertainties.

Source: en.bitcoinsistemi.com ↗