Register Now
APP
Blogs > Crypto in a Minute > Fed Minutes Sends Conflicting Signals >

Fed Minutes Sends Conflicting Signals

Author: Jeffrey Craig Date: 2022-11-24 02:27:27

  • Facebook
  • Twitter
  • LinkedIn
  • Telegram
  • Discord
  • Youtube
Subscribe Phemex

Get The Latest News And Updates From Phemex!

giftRegister to get $180 Welcome Bonus!
Email
Password
Invitation code (Optional)

november-24-daily-update

Main Takeaway: Crypto Markets Rise On Fed Minutes Release

The Fed Minutes was just released which gives the Fed’s perspective on its current and future policy moves. The results were that the Fed believes a recession is now a likely baseline scenario, that it can slow down its frequency and intensity of rate hikes, that inflation is still high, and that the labor market is still tight. All of these statements can be seen as bearish toward the future outlook of stocks and crypto – however, crypto markets are up on the prospect of slower and lower rate hikes.

Today’s Top Gainers

The top five performing cryptos on Phemex d-o-d are Gleec (GLEEC/USDT), STP Network (STPT/USDT), Tokocrypto (TKO/USDT), PERL.eco (PERL/USDT), and Solana (SOL/USDT).


For any inquiries contact us at support@phemex.zendesk.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free
  • Facebook
  • Twitter
  • LinkedIn
  • Telegram
  • Discord
  • Youtube
Subscribe Phemex

Get The Latest News And Updates From Phemex!

giftRegister to get $180 Welcome Bonus!
Email
Password
Invitation code (Optional)
start trading start trading start trading

Register On Phemex Now To Begin Trading

Register On Phemex

More Articles

What are Crypto Signals and are they helpful?

What are Crypto Signals and are they helpful?

Kenny  |  2023-11-13 02:32:41

DOGE Soars On Twitter Payments Potential

DOGE Soars On Twitter Payments Potential

Jeffrey Craig  |  2022-11-28 04:37:33

MetaMask & Infura’s New Data Policy

MetaMask & Infura’s New Data Policy

Jeffrey Craig  |  2022-11-25 01:09:08

JP Morgan Crypto Wallet

JP Morgan Crypto Wallet

Jeffrey Craig  |  2022-11-23 03:07:08

Subscribe Phemex

Get The Latest News And Updates From Phemex!

Get The Latest News & Updates!

Bonus

Surfing on PT Airdrop Tsunami and Get Ready to Win 1,000,000 PT!

Celebrate the Launching of the Phemex Token on November 30th