On May 13, Binance Research released a macro analysis report on its official website. The report pointed out that if the Federal Reserve delays interest rate cuts because economic growth is still strong, and inflation only takes some time to fall back to 2%, then the overall background is still favorable for growth assets such as cryptocurrencies.
In addition, if economic growth continues to slow, inflation accelerates, and wage growth rises, the Federal Reserve may even need to consider raising interest rates, which could have a negative impact on growth assets such as cryptocurrencies.
Binance Research: Delaying Fed rate cuts is still good for growth assets such as cryptocurrencies
2024-05-13 13:12:02
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