Yesterday, Fed member Lisa Cook made such disturbing statements that cryptocurrencies, along with the stock market, started to go down. After these disturbing statements, Lisa caused hundreds of billions of dollars of damage to the markets. Bitcoin
$82,845.16 It dropped more than 10% and we had another billion dollar liquidation day. Moreover, ETF sales also accelerated. Now Fed member Williams is saying important things.
Fed Statements and Cryptocurrencies
Lisa Cook said terrible things and eyes will come today Fed in their statements. Williams is making statements as the article is being prepared. We will also see Jefferson and Logan’s statements over the next 2 hours. Jefferson and Williams are Fed members whose words are more important because they have the right to vote.
The important highlights of Williams’ ongoing statements are as follows:
“Inflation progress has stalled but is expected to reach 2% in 2027. customs duties has increased prices, but is not expected to lead to permanent inflation. Economic growth slowed and the labor market gradually cooled.
The labor market now looks similar to pre-pandemic years without overheating. It is imperative that the Fed achieve its inflation target, but this must be done without introducing undue risk to its maximum employment target. Downside risks to employment have increased. Inflation after customs duties returns to 2% in 2027.”

BTC While there was a slight increase, the probability of a December interest rate cut exceeded 50% again.

