Bad news for crypto currencies, Fed’s June 3 statements broke down

BTC DOWNLOAD Under 105,300 dollars at the time of the article and over expectation Jolts Data It was effective in this. Fed member Bostic disappointed investors waiting for interest rate cuts in the same minutes. Tariffs have thrown crypto currencies in the middle of the macro front last year and we will not see an interest rate reduction for a while.

Crypto Coins and Fed

The most basic condition for the rise in the markets is the reduction of interest rates. Although the FED reduced the interest rates during the election period, he continued the discounts continuously with the impact of the uncertainty brought by tariffs in the new year. While investors were waiting for a 120BP discount for this year, suddenly 1-2 interest rate reductions started to be discussed.

Bostic, on the other hand, is known for his relatively moderate comments, but he talks about the possibility of a single interest rate reduction this year. This is in 2025 Crypto Coins The expected rise period is dropping its dreams in the water.

“The best monetary policy approach right now is to be patient. Interest I am very careful about being hasty to the discount.

If there was no trade uncertainty FedIt’s hard to say if it will download interest. I still see the possibility of an interest rate reduction this year depending on the economy.

Considering a healthy economy, the Fed has time to see how to solve the uncertainty.

I don’t foresee recession right now. There is no sign that customs duties increase inflation. The labor market generally looks healthy, but there are some slimming signs. Concrete data do not yet reflect the pessimistic air. It is now unclear how customs duties will affect the appearance of inflation.

There is still a way to be taken in terms of inflation. Core inflation It is still a problem. I have not yet declared victory on inflation. I have to see more progress in the fall of inflation before supporting the interest rate reduction. ”