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Resistance and FUD in Bitcoin, FOMC Minutes, and Foxconn Riots - FedWatch 120

Bitcoin Magazine Podcast

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Is There a Need for Continued Rate Hikes?

The Fed will say it needs to at least follow through with what has already become embedded in market expectations. If CPI is lower, if rates are lower, are they kind of forced into being their back is against the wall? Do they claim victory then as well? Who knows? Victory? We defeated inflation. Right? Yeah. I mean, it's going to be very interesting. A lot can change in the next three or four weeks. And he has coming out right before. It seems like there's a lot of trends that you've covered Rates, fuel prices, overall customer purchases. All of these things are indicating lower and lower CPI numbers.

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