Anticipation Abounds as Federal Reserve Keeps Rates Steady – Impact on Cryptocurrency Market Awaited

The digital currency world sat in anticipation as the Federal Open Market Committee prepared to reveal its latest interest rate decision. Anticipated by many, the U.S. Federal Reserve seemed likely to keep rates steady. According to data from CME Groups FedWatch Tool, there was a 99% probability that the rates would remain unchanged. Financial analyst Tedtalksmacro relayed his perspective to his subscribers, noting that the core CPI inflation is currently aligned with the Federal Reserves target when viewed on a three-month annualized basis. He went on to suggest that this might be the...

source: https://tokenpost.com/Bitcoin-Prices-Anticipate-Movement-with-Federal-Reserves-Rate-Announcement-10703

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Published by: Book Club
Source: NewsService