Shiba

United

Jerome Powell

Wednesday

Shiba Inu

Torsten Slok of global asset management firm Apollo suggests in a recent note that the Fed may need to adopt a more hawkish stance in the near future.
These expectations, combined with reduced volatility, narrowing investment grade spreads and falling oil prices, are estimated to stimulate GDP growth by 1.5% over the next few quarters, according to Slok.
Slok also adds that the 1.7% increase in GDP is quite significant when the potential growth of the United States is estimated at 2%.
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According to the analyst, this increase in GDP is expected to stimulate demand and fuel inflation. As a result, Slok predicts a shift in the Fed's stance, saying “the pendulum will soon swing back from a dovish Fed to a more hawkish one.”
According to the analyst, this shows that the FED may soon continue its aggressive attitude towards inflation and indicates a significant change in monetary policy.
The FED left interest rates constant on Wednesday last week and chairman Jerome Powell made some dovish statements at the press conference. While the market expects the institution to maintain its dovish stance, Bitcoin price continues to trade above $40,000 with positive weather support.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/surprise-statements-from-global-asset-manager-fed-may-return-to-hawkish-policy-soon/" rel="noopener noreferrer nofollow">Surprise Statements from Global Asset Manager: “FED May Return to Hawkish Policy Soon”</a>

Surprise Statements from Global Asset Manager: “FED May Return to Hawkish Policy Soon”

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