Quick Facts:
- 1️⃣ The latest FOMC published minutes indicate general support for more rate cuts.
- 2️⃣ The ‘dual mandate’ remains in play, forcing the Fed to balance lowering inflation and increasing employment
- 3️⃣ The Fed’s move sets up the best crypto to buy now to build on the market’s momentum, with the potential for two more cuts this year.
The much-anticipated minutes from the Fed’s September 16-17 meeting finally became public, and they’ve sparked renewed optimism across markets.
Since the quarter-point cut on September 17, Bitcoin has risen by approximately 6.5%. The FOMC minutes suggest that additional rate cuts could be ahead, potentially boosting Bitcoin – and the broader crypto market – even further. That macro shift could make these tokens – $HYPER, $PEPENODE, and $MNT – among the best crypto to buy now.
The minutes suggest a Fed increasingly open to further easing. Several officials indicated willingness to consider additional rate cuts this year, and a notable number of participants expect around two more quarter-point reductions.
That’s a modestly dovish tilt when compared to earlier stances.
But the minutes also reveal the Fed’s perpetual dilemma: balancing employment and interest rates. The Fed has only one tool to
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Author: Bogdan Patru
