Ruslan Lienkha, head of markets at fintech platform YouHodler, recently shared his analysis and forecast on the crypto sector and the complex macroeconomic situation in the USA, where the fate of markets is inexorably linked to the Fed monetary policies.
Dollar inflation is still too high, although it has fallen significantly since the beginning of the year, and the US central bank’s “quantitative tightening” phase seems destined to have to continue until the end of 2023.
In fact, most likely no rate cuts on government bonds will be applied until mid-2024.
What are the consequences of these dynamics for the crypto market?
Let’s look at all the details together
Crypto markets and the USA economy: the Fed does not expect any interest rate cuts until mid-2024
YouHodler’s head of markets, Ruslan Lienkha, recently analyzed the delicate macroeconomic environment in the US in which we find ourselves, reflecting on the effects that could spill over to the crypto market.
We find ou
We współpracy z: https://en.cryptonomist.ch/2023/10/05/no-fed-rate-cut-usa-impact-crypto/
