BlockBeats news, on February 14, Grayscale's research director Zach Pandl said in an interview that 'Fed rate cuts are temporarily impossible.' He pointed out that in the short term this is unfavorable for risk assets such as BTC, as the market is further digesting the expectation of the Fed delaying rate cuts. Pandl believes that the January CPI data exceeded expectations (Aumento 3% year-on-year), and core inflation also rose to 3.3%, indicating that inflation remains stubborn. Pandl also warned that if inflation continues to exceed expectations, the Fed may even reconsider raising rates, which would have a greater impact on market sentiment.
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Diretor de Pesquisa da Grayscale: Sem esperança a curto prazo para corte de juros do Fed, BTC sob pressão
BlockBeats news, on February 14, Grayscale's research director Zach Pandl said in an interview that 'Fed rate cuts are temporarily impossible.' He pointed out that in the short term this is unfavorable for risk assets such as BTC, as the market is further digesting the expectation of the Fed delaying rate cuts. Pandl believes that the January CPI data exceeded expectations (Aumento 3% year-on-year), and core inflation also rose to 3.3%, indicating that inflation remains stubborn. Pandl also warned that if inflation continues to exceed expectations, the Fed may even reconsider raising rates, which would have a greater impact on market sentiment.