The next halving of Bitcoin, an intriguing event that happens around every four years and cuts the pace of inflation in half, is the third thing that might change the game drastically. The interconnected nature of financial markets and policy decisions underscores the need for vigilant observation as we navigate the evolving landscape of economic dynamics. If Federal Reserve Chair Jay Powell and his staff feel confident in their efforts to effectively control inflation, it is possible that they may not only halt the increase of interest rates but also consider reducing them by 2024. Over the past 18 months, the central bank has used a proactive approach of raising interest rates in order to address the issue of inflation, and there is a possibility that this policy position may be sustained. Chart: A More Accommodating Stance By The FedĪnother possible factor that could stimulate change is the US Federal Reserve adopting a more cooperative approach. Bitcoin slightly above the $37K level today.
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