Why does the Federal Reserve have to make a decision in September?
Simply put:
The Federal Reserve is in a tough spot right now:
The world is hoping for it to cut interest rates because high rates are causing a dollar shortage in various countries, and their economies are struggling to hold up.
If it doesn’t cut rates in September, the BRICS nations’ new payment system launching in October will attract more countries to "de-dollarize."
But the Fed is conflicted:
If it cuts rates, Wall Street bigwigs won’t be happy.
If it doesn’t, the global economy could collapse, and the dollar’s status will be damaged.
Key point:
September is the deadline.
The BRICS payment system in October is Plan B.
The Federal Reserve is stuck between a rock and a hard place.
(Like being forced to make a choice where either option will lead to criticism.)
#FederalReserveFOMCMeeting #PectraUpgrade $TRX $PEPE $ACT
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