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Powell made a sweet speech preparing the markets for an interest rate cut at the meeting on October 29 this month. By stating that the balance sheet reduction, or QT, is ending, he actually announced the next stage of the game. The expected net QE, or monetary easing period, begins next year. In the past, there were periods with neither QT nor QE, but there hasn't been such a situation since 2008. Given the state of the U.S. economy, it is unlikely that there will be a stable time like this in the future.
Nothing changes in the big picture of crypto; the reason I keep bringing up whether a
View OriginalNothing changes in the big picture of crypto; the reason I keep bringing up whether a