Michael Saylor: Predicting Bitcoin's Future Price Target
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Michael Saylor predicts that the price of Bitcoin will reach the following goals: 150000 coins by the end of this year, 1 million coins in the next 4 to 8 years, and 20 million coins in the next 20 years. (Bitcoin Archive) (AiCoin News)
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Federal Reserve Chairman Powell pointed out that there is currently no zero-risk policy path, emphasizing that the risk balance has shifted. He stated that the Fed's rate-cut measures are an important step toward a more neutral policy stance. This statement reflects the Fed's cautious approach in monetary policy adjustments and also indicates its attention to changes in the economic environment.
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Federal Reserve Chairman Powell stated that under a reasonable baseline scenario, the impact of tariffs on U.S. inflation is expected to be temporary. This statement reflects the Federal Reserve's assessment of the influence of trade policies in the current economic environment, while emphasizing the limited persistence of tariffs on price pressures.
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Inflation Insights analyst Omair Sharif stated that the U.S. government shutdown leading to a lack of official economic data could hinder the Federal Reserve's plan to cut rates for the third consecutive time at its December meeting. If official data reflecting October and November economic activity is unavailable by the December 10 meeting, Fed officials may find it difficult to reach a consensus on rate cuts, especially considering the internal disagreements shown in the September dot plot.
[Powell Says December Rate Cut Not Yet Certain]
On October 30, Federal Reserve Chairman Powell stated that another rate cut in December is far from certain, with significant disagreements over policy advancement during the meeting.