CoinGape
2024-04-28 03:34:52

Crypto Market: FOMC In Focus As GDP & PCE Data Raises Fed’s Rate Cut Concerns

Investors in the crypto market are on edge as they await the Federal Open Market Committee (FOMC) interest-rate decision, amid growing apprehensions over potential delays in the Federal Reserve’s rate cut plans. Notably, the recent economic indicators, including U.S. GDP and Personal Consumption Expenditures (PCE) inflation data, have exacerbated concerns, signaling a possible hawkish stance from the The post Crypto Market: FOMC In Focus As GDP & PCE Data Raises Fed’s Rate Cut Concerns appeared first on CoinGape .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.