Yesterday US federal reserve announced to cut interest rate for the second time this year. After a two-day meeting, the Fed decided to cut its short-term benchmark interest rate by a quarter-point. Chairman Jerome Powell signaled no further cuts in this year. The impact of the decision can be observed as the value of dollar tumbles. […]Read full post US Federal Reserve lowers interest rate, BTC retracts below $10,000 on Chaintimes.com.
