#IMPORTANT: news .#Fed
start of bullish movement for Cryptos.
let's hope with the confirmation from the Fed on May 6 and 7 this will take off.
due to the words of Jerome Powell, who has presented a more hawkish message than expected and has shown that the macro outlook is far from leaving uncertainty
In summary, these have been the most important comments:
- We still have work to do with inflation
- It could take one or two years for inflation to drop to 2%
- We can reduce Monetary Policy more slowly
- We can be more cautious
- We are closer to the Neutral Interest Rate
All of this indicates that the FED right now sees it very important to proceed with more caution for future interest rate cuts, indicating possible PAUSES very soon, with a 90% probability in January, according to current data.