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Why Fed interest-rate cuts may not be bullish for bitcoin – Vested Daily

Why Fed interest-rate cuts may not be bullish for bitcoin

https://images.mktw.net/im-783732

Published:

Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch.

Markets are now expecting Federal Reserve officials to deliver a quarter-percentage-point interest-rate cut at their meeting next week, after the consumer-price index

rose a mild 0.2% in August. The data fell in line with forecasts, even as the core CPI rate rose 0.3%, which was higher than expected. 

This post was originally published on Market Watch

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