Today, we just got information from the FED and got +0.75% as we expected. There's no surprise to this figure, and the market hasn't changed much.
It is worth noting that BTC and Altcoin prices have fluctuated wildly, rising and falling around the time of the announcement from the FOMC. I can only call it madness!
Financial experts believe that the interbank interest rate in the US will be around 5-6%, so in December 2022 and 2023, FED will no longer be able to increase 0.75% in each interest rate adjustment. This can be a good condition for the economy to recover and crypto can also receive new money flow after 1 year of downtrend.
Do you think this can happen in 2023? Or will the large amount of money in the market make inflation worse and FED can continue to be aggressive in raising interest rates to slow down the economy?