🔥 The Fed pauses rate cuts, BTC market under pressure! Depth analysis👉
Background of the event
Federal Reserve Governor Patrick Harker's latest statement: pause rate cuts and wait for more inflation developments. In January, CPI rose by 3% year-on-year, with core CPI reaching 3.3%, far exceeding the 2% target.
Analysis of Three Major Reasons
1️⃣ Inflation stubborn:
🔸The year-on-year CPI rose by 3% in January, with a month-on-month increase of 0.5%, and core inflation rose to 3.3%.
🔸The Federal Reserve believes that the current monetary policy is "restrictive" and needs to wait for furth
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