“The Majority of Participants at the Fed’s Last Monetary Policy Meeting Saw Inflation Risk Outweight Employment Risk.”, – WRITE: www.coindesk.com
“A Majority of Participants Judged the Upside Risk to Inflation As the Greater of the Tese Two Risks,” Read the Fed Minutes Regarding the Committee’s Discussion of Prices Versus Employment. “REGARDING UPSIDE RISKS TO INFLATION, PARTICIPANTS POINTED TO The UNCERTAIN EFFECTS OF TARIFFS AND THE POSSIMY OF INFLICATION OF INFLICATION EXPERATIONS BECOMING UNANCHORD.”
Crypto Prices Gave UP Some Daily Gains Just Following the Release of the Minutes, With Bitcoin
Slipping from A 0.7% Advance to Just Barely Green Over The Last 24 Hours at $ 113.300.
HAVING ONE BEST SESSIONSS OF THE MAJORS, Ether (ETH) Slipped from About A 4.5% GAIN to Just A 2.3% Advance At $ 4,270.
This Particular Fed Meeting, Thought, Took Place Just Prior to the Release of the August 1 Imployment Report, Which Showed Not Just ALOW JULY JUB GABA Previoously Released June May Data.
HAD THESE NUMBERS BEEN IN FRONT OF The FED AT ITS JULY MEETING, IS ENTIRELY PESSIBLE The TONE OF THE PARTICIPANTS Wuld Have Been Far Different and the Result of the MEETING MIGHT EVEN HAVEN.
Jackson hole still aheadNeverthaless, This Week’s Main Event Remains Fed Chairman Jerome Powell’s Keynote Speech at the Kansas City Fed’s Economic Symposium in Jackson Hole.
Fed Chiefs Over The Past Decade-Plus have on Occasion USED the Jackson Hole Forum to Signal Impending Policy Changes. Market Participants Will Be Watching Closely to See IF The Dogredly Hawkish Powell Shows Any Signs of Changing that Stance and Perhaps Signaling a Rate Cut at The Central Banka Next MEETING INTAT.
The Current Betting Says Powell Will Take A Wait and See Approach, Noting That Between Friday and that September Meeting Will Be A Lot More Economic Data, Incling Fres Fres Eport Andnta.
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Falconx’s David Lawant Says Buickly Overwhelm Selers After Small Dips, Showing Strong Demand Even with Bitcoin Below Last Week’s Peak.
- Falconx’s David Lawant Says Bitcoin’s Orderbook Shows Selers Vanish Quickly After Small Pullbacks.
- Falconx Data Shows Skew Flipping Rapidly from Sell to Buy, Signaling Strong Bid-Side Support.
- Despite Falling from $ 124.481 Last Week to $ 113.822, Bitcoin’s Market Structure Remains Bullish.
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