Federal Reserve's Shift in Interest Rate Hike Approach Sparks Bitcoin Price Speculation

Recent comments from U.S. Federal Reserve officials suggest a potential shift in their approach to interest rate hikes. In early 2022, the Federal Reserve had taken measures to control inflation, increasing interest rates by 5.3%. This action affected several risk assets, including the well-known cryptocurrency, bitcoin. However, a recent change in tone from Federal Reserve leaders indicates a potential pause in these hikes. Atlanta Federal Bank President Raphael Bostic and Minneapolis Fed President Neel Kashkari have recently shared their view that there might not be a pressing need for...

source: https://tokenpost.com/US-Federal-Reserve-Hints-at-Slowing-Rate-Hikes-Bitcoin-Traders-Remember-2019-10812

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