The Federal Reserve didn’t hike rates of interest in its assembly on Sept. 20 however hinted that charges may stay greater for longer. On the post-meeting press convention, Fed Chair Jerome Powell cautioned that “the method of getting inflation sustainably right down to 2% has an extended solution to go.”
This doable situation might have triggered the sell-off in the US equities markets and in addition within the cryptocurrency area. Danger property sometimes are likely to underperform in a high-interest-rate surroundings.
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