Analysts: The Fed is expected to raise inflation expectations while lowering growth expectations

03-19

This article is machine translated

Show original

The news from Mars Finance is that on March 19, the price of Bitcoin rose slightly, but before the announcement of the Federal Reserve's interest rate decision, Bitcoin is still fluctuating within a range. It is expected that the Federal Reserve will keep the interest rate unchanged. Pepperstone strategist Michael Brown said that policymakers do not want to "disrupt the status quo", and Federal Reserve Chairman Powell may reiterate that the Federal Reserve is in no hurry to further cut interest rates. He said that due to President Trump's tariff policy, the latest economic forecasts may increase inflation expectations and reduce growth forecasts. However, he said that the latest interest rate forecasts should remain basically unchanged. "From the market's perspective, this should not have a major impact on the market."

Source

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

Add to Favorites

Comments

Relevant content

ABMedia

Trump claims China's military exercises around Taiwan have "continued for 20 years" and doesn't believe the situation has escalated! Market forecasts indicate the probability of an invasion is only 0.4%.

TechFlow

Using wallet tracking, he turned $50 into a millionaire at age 18.

ROCKY

0.46%

BlockTempo

Lighter's platform token, $LIT, has officially launched! The airdrop reached a staggering $675 million, with one Taiwanese high school student earning a whopping 6 million NT dollars in a single transaction.

LIT

0.89%