Post
Topic
Board Speculation
Re: Bitcoin will pump soon? Lower interest rates in june.
by
posi
on 23/03/2023, 10:24:54 UTC
As far as I understand in their meeting last night, they did not mention whether they will stop raising rates or will start lowering rates in June, everything is still unclear and they will make a decision depending on the situation economic situation. Inflation is still high so I doubt they will cut rates soon. Due to the recent collapse of banks, they will not be in a hurry to raise rates but will instead increase them slowly and possibly keep rates unchanged until inflation actually falls below 2%. It is difficult to predict what will happen to bitcoin and the economy in the coming months.