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Federal Reserve Split: Interest Rate Cut Debate

时间:2024-03-20|浏览:182

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The "Fed's loudspeaker" is starting to let loose again: the Fed is waiting for an interest rate cut, and is divided into two camps internally. Additionally, officials will not prioritize recession risks this week. However, this risk could drive its thinking throughout the rest of the year to a rate cut at some point.

Interest rate cuts are market expectations. It depends on whether the interest rate cut in June this year will continue to be postponed. No matter what, it is good news for the encryption industry. If the bull market in the first half of the year is an appetizer, then the bull market in the second half of the year will be a real rampage. Damn, everyone will be partying at that time, and many outsiders will pay attention. We are waiting for that moment together.

MicroStrategy purchased approximately 9,245 Bitcoins between March 11 and March 18. The MicroStrategy founder said the company used proceeds from the convertible notes and cash to purchase an additional 9,245 Bitcoins, for about $62.30 billion, at an average price of about $67,382 per Bitcoin. As of March 18, 2024, MicroStrategy held 214,246 Bitcoins, purchased at an average price of $35,160 per Bitcoin, for a total of approximately $753 million.

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