One FED member says there may be interest rate reductions in July today and the other says early for interest rate cuts. We are in an environment full of contradictions, where uncertainty becomes dominant, and the process for crypto currencies is extremely challenging. After about 1 hour, we’ll talk to Daly from the Fed and look at what he’s saying. Alright Estimates in crypto coins in what direction?
Will the Fed reduce interest rates?
If you ask Waller, interest rates need to go down in July and the Fed should take action before a great destruction in the labor markets. However, a few minutes ago, the Fed member Barkin shares the opinion that interest rate cuts should continue to be shifted due to tariffs.
Iz I’m not ready to ignore the risk of inflation caused by customs duties. If there is a sudden increase in inflation, we cannot ignore it, price indices are still above the target.
Data currently interest rate reduction There is no urgent situation to require. The market market and consumption are solid. Companies, more expensive imported goods in the stocks of the year in the future of the year expects to increase prices, he says.
Companies that are not affected by customs duties see uncertainty in trade policy as an opportunity to increase prices for other reasons. There is no definite opinion on where the trade policy will reach or how it will have an impact on prices and employment. Businesses are still in waiting mode on investment and employment plans. ”
At the time of the article, Iran’s meeting with Iran in Geneva was completed and an explanation is expected. Returning to the Fed, the members now show to the markets how strong the uncertainty is by making state -contradictory statements in front of the public.
Crypto estimates
Crypto Coins The uncertainty is not good at all. He didn’t even know what the FED members would do, and it is very difficult for individual investors to earn the right positions in the environment in which they conflict. After a while, we can see an explanation of the talks of Iran and the EU delegation, and the headlines we need are now;
- Iran accepted the negotiation.
- Iran and the US signed an agreement on nuclear.
- Iran has given up its target of nuclear weapons and will comply with the strict uranium enrichment limitations.
- India, Canada, Mexico (etc) and the US tariff agreement signed.
- China and the US agreed under the conditions of the long -term tariff agreement.
Global uncertainty will continue unless they come and things will be difficult for the crypto. If you want to see the graphics, Daancrypto’s estimates are as follows;
“BTC He cleaned the liquidity above and returned down. There are many unused dip and liquidity sitting in a low range that can create an interesting level to watch. Sweeping and recovery of the range will be good for the bulls in the short term.
If it goes down and does not take the range back, as I emphasize, I think we can move towards monthly bottoms in ~ $ 100k, which is still very likely to be taken. ”
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.
