NewsBTC on Nostr: No Fed Rate Cuts? No Worries For Bitcoin, Says Research Firm ========== Despite the ...
No Fed Rate Cuts? No Worries For Bitcoin, Says Research Firm
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Despite the US economy grappling with rising inflation expectations and scaled-back forecasts for Federal Reserve rate cuts, the Bitcoin market remains buoyant, according to Reflexivity Research. The majority of market participants do not expect a rate cut to occur before the mid-September FOMC meeting. The report argues that the Federal Reserve's rate hikes have had unintended stimulative effects on the economy, including increased government interest payments, a direct subsidy to the banking system, and an induced housing construction boom. The research suggests that the traditional monetary policy framework is breaking down under the weight of fiscal dominance, creating an environment that could favor non-traditional assets like Bitcoin.
#Bitcoin #FederalReserve #Inflation #MonetaryPolicy
https://www.newsbtc.com/news/bitcoin/no-fed-rate-cuts-no-worries-for-bitcoin/
==========
Despite the US economy grappling with rising inflation expectations and scaled-back forecasts for Federal Reserve rate cuts, the Bitcoin market remains buoyant, according to Reflexivity Research. The majority of market participants do not expect a rate cut to occur before the mid-September FOMC meeting. The report argues that the Federal Reserve's rate hikes have had unintended stimulative effects on the economy, including increased government interest payments, a direct subsidy to the banking system, and an induced housing construction boom. The research suggests that the traditional monetary policy framework is breaking down under the weight of fiscal dominance, creating an environment that could favor non-traditional assets like Bitcoin.
#Bitcoin #FederalReserve #Inflation #MonetaryPolicy
https://www.newsbtc.com/news/bitcoin/no-fed-rate-cuts-no-worries-for-bitcoin/