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[Tom Lee Predicts Fed May Cut Rates in September, Stock Market Could Rise Against the Trend] BitMine Chairman Tom Lee stated in a video that the Federal Reserve might begin cutting interest rates in September, which would benefit the stock market. He believes that despite market concerns over seasonal factors and rising volatility risks, the stock market could strengthen against the trend, similar to historical scenarios in 1998 and 2024, potentially seeing a strong rebound before the end of the year.

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