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Roaring Twenties rerun? Crypto assets are down slightly on the week, taking a well-deserved break from the pump after 8 consecutive weeks of green candles, but interest rate optimism has market participants heralding the return of the bull market! How much further can we run?
America’s Federal Reserve chose Wednesday to leave interest rates unchanged for their third meeting, citing the economy “has slowed” since Q3 2023 and noting for the first time that inflation “is easing.”
SUMMARY OF FED DECISION (12/13/23):
1. Fed leaves rates unchanged for third straight meeting
2. Fed says growth of economy "has slowed" since Q3 2023
3. Most Fed officials see interest rate cuts in 2024
4. Median projection shows 3 rate cuts in 2024
5. Fed sees 4.1%…
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