The Federal Reserve continues its hawkish stance to curb inflation. The consumer price index for August revealed worse-than-expected inflation. The Fed reaffirmed its commitment to curbing inflation prices by moving forward with a jumbo hike of 75 bps. More importantly, Fed chair Jerome Powell seemed to move away from his past comments about a soft landing.
Crypto Braces For Another Crash As Fed Diminishes “Soft-landing”
coingape.com
22 September 2022 18:44, UTC