Viewpoint: Inflation risks may limit the Fed’s 2025 policy measures and affect risky assets
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Odaily Odaily News Analysts expect the Federal Reserve to cut interest rates by 25 basis points at the Federal Open Market Committee meeting on Wednesday. While lower interest rates typically boost risk assets such as Bitcoin, the Fed's comments and economic forecasts at Wednesday's meeting may reduce expectations for further rate cuts amid ongoing inflation concerns. Recent US CPI and PPI data have raised concerns about potential price pressures next year, especially given speculation surrounding the economic policies of US President-elect Donald Trump. In addition, while macroeconomic events remain influential, QCP Capital analysts believe that Bitcoin's recent rise is mainly driven by market sentiment. (The Block)
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