Fed Preview: Bitcoin Investors to Look Past Jumbo Rate Hike and Focus on Economic Assessment and Borrowing Cost Estimates PlatoBlockchain Data Intelligence. Vertical Search. Ai.
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Fed Preview: Bitcoin Investors to Look Past Jumbo Rate Hike and Focus on Economic Assessment and Borrowing Cost Estimates

While the Fed saw evidence of a slowing economy at its July meeting, the data released since then suggests otherwise. Notably, the jobs market has remained firm, keeping wages higher. The August consumer price index (CPI) figure released last week revealed that sticky inputs like rents and services are preventing inflation from cooling.

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