U-Turn In FED’s Hawkish Stance Toward Rate Hikes? Here’s What You Should Know

The post U-Turn In FED’s Hawkish Stance Toward Rate Hikes? Here’s What You Should Know appeared first on Coinpedia Fintech News
Risk assets like cryptocurrencies have recently gained immense traction. This is due to the rising expectations that the Federal Reserve may change course and abandon its plan to raise interest rates from December, thus ending the so-called ‘liquidity tightening’ earlier than anticipated. However, major investment banks feel that the Fed may keep hiking rates at …