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FOMC Minutes Signal Fed Largely Divided Over Rate Cuts, Bitcoin Falls

source-logo  coingape.com 2 h
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The FOMC minutes have shown that the Fed still supports more rate cuts if inflation trends downwards to their 2% inflation target. However, some Fed officials indicated that they might support a rate hike if inflation rises or continues to remain well above their target. This is significant as such either decision in the future could impact Bitcoin and the broader crypto market.

coingape.com