Hot news: Fed statement and encryption currency January 8th


Federal Reserve/Waller: Geopolitical conflicts and tariffs could become new sources of price pressure.
Expectations for Fed rate cuts have decreased.
BTC fell to 94.543 US dollars.
The past 24 hours have been very difficult for encryption currency investors, with BTC falling to $94,543. The increase in DXY accelerated yesterday under the influence of US data, negatively affecting the stock market. Now, a few hours before the release of the Federal Reserve records, Federal Reserve member Wall is delivering an important speech.
The Federal Reserve and encryption currency
When BTC experiences a significant decline, the profits earned slowly can be easily lost. Although there have been two interest rate cuts priced in this year, according to yesterday's data, the market is expecting only one rate cut. In addition, there are concerns about the risk of additional tariffs imposed by Trump.
In 2025, I will support more discounts, but it will depend on the progress of inflation.
Inflation will continue to move towards 2%.
The fundamentals will improve inflation in 2025; the latest monthly and other short-term data also suggest an improved future.
In recent years, although inflation has progressed slowly, a large part of it is due to the basic price pressure of housing and market-based external services, which largely comes from reference prices.
Geopolitical conflicts and tariffs could become new sources of price pressure.
Economically, based on a solid foundation, there is no indication that the labor market will weaken significantly in the coming months.
BTC1,26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin