King crypto currency The unit was found at $ 105,000 at the time of the text and the subcoins are a little profitable. The ETH price recovered again and came to the threshold of $ 3,400. Investors now want to see the results of many steps taken by Trump and his team.
Macroeconomics and Interests
Macroeconomic Fed interest rate decision next week is very important on the front. Today at 6 am, the Central Bank of Japan has attracted an unprecedented level from the 2008 global financial crisis. The interest rate raised to 50 basis points took place with the task of Donald Trump. We will see a significant development in the global financial environment and its impact on other central banks.
Trump said in his latest statements that he would deal with the possibility of a trade agreement before the customs duty decision with China. This shows that there may be a compromise and therefore the potential of the markets to wear less. Chinese President recently Trump He said he had made a phone conversation with a very good.
On January 29, the FED will announce the first interest rate decision of the year. Here, the market expectation is that almost precise interest rates will be fixed. But hours ago Trump said I want interest rates to fall rapidly. There are things Trump can do about it, but by the FED’s principle of independence. Powell He said that there would be no such pressure on his own and his team and that they would take their decisions independently.
How will interests fall, what will be the crypto?
So what is Trump’s best to reduce interest rates? In his statement to journalists at the Oval Office on Thursday, he said that I want to see that oil prices have fallen, and it can help interest rates as it will affect inflation. As a matter of fact, energy prices were also effective in the latest inflation data.
Trump said he wanted interest rates to fall too much and that the steps he took to prevent price pressure would support it yesterday. Following the interest decision on January 29, the statements made by the FED President will be important. Light improvement in the latest inflation data, if it is a little encouraged by the Fed on discounts, we should signal. For now, markets are waiting for the first interest rate cut in June.
Seeing things that support the expectation that interest rates will fall means rise for crypto currencies. However, the negative opening of the US markets in the following minutes BTC for some weakness.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
