🇺🇸 FED Minutes: Inflation Risks Are Upward
▪️ FED officials stated that inflation risks continue to trend upwards and price pressures continue. ▪️ In the minutes, the consensus that the customs duty pass-through was largely completed came to the fore. Evaluation: The Fed's upward view of inflation risks may narrow global liquidity by suppressing interest rate cut expectations. This could lead to a short-term increase in volatility in crypto markets due to a possible weakening in risk appetite.
Bulls are looking for clean continuation into the next session.
#CryptoMarket #DeFi #Binance
▪️ FED officials stated that inflation risks continue to trend upwards and price pressures continue. ▪️ In the minutes, the consensus that the customs duty pass-through was largely completed came to the fore. Evaluation: The Fed's upward view of inflation risks may narrow global liquidity by suppressing interest rate cut expectations. This could lead to a short-term increase in volatility in crypto markets due to a possible weakening in risk appetite.
Bulls are looking for clean continuation into the next session.
#CryptoMarket #DeFi #Binance