Wednesday, August 5, 2020

First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play - CoinDesk

The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation - and possibly prices for bitcoin. The Fed is "preparing to effectively abandon its strategy of pre-emptively lifting interest rates to head off higher inflation," according to a new report in the Wall Street Journal.

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