Bitcoin price At the time of the article, he found buyers at $ 82 thousand and made important statements when the FED member was prepared. Crypto currency These explanations, which are extremely important for their markets, point to more volatility and possible decrease. So what did Williams say?
Fed Last Minute
Fed For the first time in his ongoing statements, Williams became the first member to face such tariffs. Today, if the PPI data came low, investor sensitivity came well below expectation. Michigan inflation expectation data climbed from 5.2 %to 6.7 %in 1 year and the previous data was 5 %.
Williams said that the rise in inflation would be significant and that tariffs will significantly shake annual growth;
“Customs tariffs will increase inflation between 3.5 %this year. The economy is surrounded by a very high level of uncertainty. Customs tariffs and trade are the main factors of the major uncertainty. Moderate restrictive monetary policy is fully appropriate.
The FED policy is well positioned for the coming period. The current US monetary policy opens space to react to central banks. I continue my determination to restore inflation to 2 %. Long -term inflation expectations have been fixed, we must protect it.
I expect growth to slow down to 1 %this year. There is an unusual range of results in front of the economy. The economy began the year on solid foundations. I think that the unemployment rate will rise to 4.5 %to 5 %this year. The real question is whether high inflation will overflow to 2026. ”
Despite all this, the market’s interest rate reduction expectation has weakened. Chinese It is said that there will be a meeting between the president and Trump soon, and if they cannot find a middle way, uncertainty may be destructive in the environment where depression is priced beyond the recession.
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.
