Crypto poised for boost if Fed cuts rate by 50 bps, says hedge fund boss

Crypto poised for boost if Fed cuts rate by 50 bps, says hedge fund boss
фото показано с : cointelegraph.com

2024-9-18 09:01

If the Fed cuts rates by just 25 bps, “crypto will likely fall along with that,” said CEO of crypto hedge fund Asymmetric, Joe McCann.

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crypto bps fund cuts fed hedge fall

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Beware the monetary policy lag, as crypto market hums amid optimism over rate hikes ceasing

Last month marked the first time since March 2022 that the Federal Reserve did not hike interest rates, Jerome Powell instead electing to pause and see how things shake out.  While Wednesday’s meeting is expected to see hiking resumed with a 25 bps increase forecasted with near certainty across the market (the odds implied by […] The post Beware the monetary policy lag, as crypto market hums amid optimism over rate hikes ceasing appeared first on Invezz.

2023-7-26 22:38