TaniTadadashi
vip

After the Federal Reserve's open letter was released, both the US stock market and $BTC experienced a fall, mainly because the letter mentioned that the risks of rising unemployment and inflation in the US have increased.



In plain terms, it means that inflation and the unemployment rate are likely to rise together. The rise in inflation is probably due to tariffs, while the increase in the unemployment rate should be a result of economic decline. This leaves The Federal Reserve (FED) with possibly only one choice in the end.

Recession. Further rate cuts.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)