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Confounding US economic, inflation data muddy Fed’s rate path /
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2024-04-26 15:03:55

Confounding US economic, inflation data muddy Fed’s rate path on Nostr: Fed's Measured Approach: Why Rate Cuts Might Wait =============== #2140b79c ver:0.18 ...

Fed's Measured Approach: Why Rate Cuts Might Wait
===============
#2140b79c ver:0.18

Despite new economic and inflation data complicating the Fed's rate path, interest in Bitcoin as a hedge against inflation and fiscal uncertainties continues to grow. The speculation around rate cuts is keeping markets on their toes, potentially causing investors to hold onto traditional assets. However, the decision is unlikely to slow the rate at which the cryptocurrency market is expanding. The recent GDP report highlights the underlying strength of the US economy, and the Fed will maintain a measured approach, prioritizing inflation control before initiating rate cuts. #Fed #Bitcoin #economy #inflation...

#newstr #FederalReserve #UsEconomy #Inflation #Bitcoin #GdpReport #RateCuts

https://here.news/story/2140b79c?ver=0.18
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