Key Indicators Challenge Fed’s ‘Normalization’ Rate Cut That Torched Bitcoin Rally

Key Indicators Challenge Fed’s ‘Normalization’ Rate Cut That Torched Bitcoin Rally

14
0
SHARE
This post was originally published on this site

Source: Coindesk.com

The post-Fed risk-on rally supports the normalization narrative. Some indicators, like the unemployment rate, the ratio between leading and lagging economic indicators, and the gold-oil ratio, disagree, pointing to an impending slowdown.

Since the U.S. Federal Reserve (Fed) cut rates by 50 basis points a week ago, the debate has been

Read More https://www.coindesk.com/markets/2024/09/26/key-indicators-challenge-feds-normalization-rate-cut-that-torched-bitcoin-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Key Indicators Challenge Fed's 'Normalization' Rate Cut That Torched Bitcoin Rally" appeared first here Coindesk.com.

Source: Coindesk.com

NO COMMENTS

LEAVE A REPLY