Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Any more bright ideas, Mr Jerome Powell?
To be fair this probably has a little more to do with the Japanese central bank.
US stock market was already crashing on Friday. He would definitely have had early access to the job data that caused that.
They're just behind the curve all the time.
People have been saying "we are never going to see zero percent interest rates again"
I'm pretty sure that's where we will be headed towards eventually.
This Japanese thing started last week though. Powell of course has completely fucked up as well, but it's a team effort.
100% agree with you on the zero percent interest rates. In hindsight I think that will sound as stupid as the "higher for longer" crowd.