Bitcoin Price Predictions After Touching the $112,000 Barrier and Federal Reserve Warning
- The minutes of the Federal Reserve's June meeting - released on July 9 - highlighted growing concerns that tariffs could lead to prolonged inflation rates; while officials agreed to keep federal lending rates unchanged, opinions varied regarding future actions. Some believe that fiscal policy will remain closer to neutral, while others pointed to the possibility of interest rate cuts in the July meeting, assuming economic data remains the same.
Ultimately, most members believe that interest rate cuts remain likely later this year, provided inflationary pressures ease, while the minutes of the meeting emphasized that "tariffs pose a chronic risk that could lead to price increases," suggesting that the Federal Reserve will not rush to ease its monetary policies until it fully assesses structural inflation factors,
