Fed to Consider 75 Basis Point Rate Rise This Week

Coming into june, the expectation was that the fed was going to hike rates by 50 basis points a half. That was until the may c p i print came in hotter than expected and those expectations were revised up. The last c p i number triggered a massive crash, with the s and p falling seven % in two days. Such a crash is very unlikely to repeat itself for five reasons. Number four, inflation is unlikely to fall considerably from here, mainly due to falling gas prices. No f o m c in august has take a month off when it comes to crypto, much of the industry has already capitulated.

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