Tom Lee: Single Fed Rate Cut May Be Positive for Markets

According to BlockBeats, Tom Lee, co-founder of Fundstrat and chairman of BitMine, stated that while the market currently anticipates two rate cuts by the Federal Reserve this year, a single rate cut may not necessarily be a negative signal. Lee explained that if the Federal Reserve opts for just one rate cut by the end of 2025, the market might interpret this move positively, as it suggests the central bank is acting during a period of economic strength rather than weakness. Following the release of lower-than-expected initial jobless claims on Thursday, market participants have slightly reduced their expectations for quarterly rate cuts by the Federal Reserve. Lee noted that the Fed's delayed action on easing policies is partly due to estimated housing inflation factors, suggesting that rate cuts should have commenced earlier source: https://www.binance.com/en/square/post/30203403663986?utm_source=BinanceNewsRSS