HOT DEVELOPMENT: The first Fed statements after tariffs are important for crypto currencies

BTC price About 82 thousand dollars and losses in subcoins were based on 10 percent. Many crypto currencies have made important bottoms. In the US stock markets, the appearance is much worse. Many companies suffered a hundreds of billions of dollars depreciation, while indices experienced around 4 percent. So, what does the Fed members’ first explanations after the tariffs? What does it mean for crypto coins?

FED descriptions and crypto coins

Recession The concern shook the risk markets and the markets expect the Fed to make 4 interest rate reductions this year. According to the previous statements, the FED does not foresee such a scenario, but if we recall the rapid interest rate hikes in 2022 after inflation statements in 2021, we know that the Fed sometimes runs in the opposite.

Fed Member Jefferson made statements when the article was prepared and said the following about the tariffs;

“Inflation Although it is quite below the recent summit, the latest data shows that it is largely horizontal. Medyan FOMC data estimates general PCE inflation to 2.7 percent this year and 2.2 percent next year. Median projection is in 2027 and 2 percent of our target. Customs tariffs His expectation causes consumers and enterprises to report that they expect higher inflation in the near term. However, beyond the next year, most measurements regarding long -term inflation expectations remain consistent with our 2 percent inflation target. ”

BTC is at 82 thousand dollars and its explanations are important lines as follows;

• There is no need to rush about politics interest adjustments.
• Depending on the progress and employment market in inflation, we can maintain the existing policy restriction for a longer period of time or relax the policy.
• The current policy interest is well positioned to deal with risks and uncertainties.
• Politics interest is now some limiting.
• The increase in goods inflation is partly due to trade policy, and the decline in housing services inflation can help to resist it.
• This year I am waiting for a moderate softening in the labor market.
• Recently, there are signs that consumer expenditures have weakened.
• If uncertainty worsen, economic activity can be restricted.
• Negative emotions often do not mean slowing down in actual activities.
• The economy is solid, but the increasing uncertainty between consumers and businesses depends on trade policy.