#FedRateWatch $BTC
This Wednesday, September 16, the Federal Reserve, the Fed, will announce its decision on interest rates. Due to the latest report showing a 0.3% increase in the core CPI in the month of August, with upward pressure from the housing and transportation sectors, and exacerbated by the effect of the rise in oil prices on fuel prices, the market is pricing in a 25 basis-point increase in the interest rate. However, I will take the opposing view and believe that for now there will be no interest rate increase. This will have a positive impact on all markets and I believe it will favor an increase in the price of Bitcoin $BTC
#FedRateWatch
This Wednesday, September 16, the Federal Reserve, the Fed, will announce its decision on interest rates. Due to the latest report showing a 0.3% increase in the core CPI in the month of August, with upward pressure from the housing and transportation sectors, and exacerbated by the effect of the rise in oil prices on fuel prices, the market is pricing in a 25 basis-point increase in the interest rate. However, I will take the opposing view and believe that for now there will be no interest rate increase. This will have a positive impact on all markets and I believe it will favor an increase in the price of Bitcoin $BTC
#FedRateWatch