Sunday, December 10, 2023

Fed Minutes Could Have Been Overtaken by Occasions, Could Be a Non-Occasion for Bitcoin (BTC)



“Minutes from the November FOMC assembly could also be most revealing concerning Fed officers’ angle towards monetary circumstances,” Citi analysts wrote on Nov. 19. “In October, Chair Powell and his colleagues argued that increased 10-year Treasury yields would substitute for additional coverage fee hikes. However as monetary circumstances have loosened, the response has been uneven, with little push-back towards decrease charges and better fairness costs.”

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