Bitcoin Turns Lower as Fed Chair Suggests Inflation No Longer ‘Transitory’

Total
0
Shares


So the shift in messaging by Powell, during testimony before a U.S. Senate panel, might signal that authorities now see the inflationary pressures as longer lasting – potentially indicating the bank might be less willing to continue the loose monetary policies that have buoyed markets for risky assets, including cryptocurrencies.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like