With the Federal Open Market Committee meeting scheduled for the 12th of June, the crypto community is abuzz with speculation about its effect on market dynamics., the global crypto market was down by 0.45% over the last day at the time of writing, reflecting FUD .spot exchange-traded funds experienced significant outflows of $200.
According to the Bureau of Labor Statistics and the Department of Commerce, the Federal Reserve’s preferred inflation measure, the Personal Consumption Expenditures index, has shown faster improvement compared to the Consumer Price Index .“It’s important to note that price action can be trappy. If the rate decision is unchanged, the markets might have an initial response downwards, but usually, the real move happens at a later point.
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