Rallying stock and crypto markets brace for Fed’s interest rate decision
The Fed’s decision on Wednesday is likely to dash hopes of a pivot from interest rate hikes, which has partly driven bitcoin’s 2023 rally.
Cryptocurrency news by Protos · Protos
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Show Notes
After last year’s global energy crisis and high inflation, bitcoin has made a spectacular rally of 67% in 2023 at press time, bouncing back alongside stock markets. Now, traders and investors are awaiting the US Federal Reserve’s meeting on Wednesday, which will provide crucial clarity on the future of interest rates.
Listen to this article to learn the consensus on the Fed raising rates, the options they have in reducing inflation, and it's potential impacts on stocks and crypto.
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