The Crypto World is feeling the heat from the FED's new policy | Crypto

The Crypto World is feeling the heat from the FED’s new policy

– The monetary policy of the U.S. is highly related with the financial market conditions, including the equities and crypto.
– The policy makers were optimistic this year towards the stock market, but it looks like the previous version of FED.
– The U.S. Central Bank’s mandate is price stability and maximum employment. The inflation is running 2% above the FEDs goal.
– The unemployment rate is still low, but something that may stoke-up inflation, and generate pressure on the FED to take strong action.
– Brian Overb believes that “It’s clear the Fed wants to see tighter financial conditions, which include lower stock prices.”
– Jim Bianco believes that “The Fed wants to create a reverse wealth effect and get people that own assets to rethink some of their purchase habits and maybe slow demand.”

The Fed Wants You to Lose Money in Stocks and Probably Crypto Too The Crypto World is feeling the heat from the FED's new policy

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