The latest Federal Open Market Committee (FOMC) minutes reveal a significant division among Federal Reserve officials over the timing of interest rate cuts. During the October meeting, some members advocated for cuts as early as December, while others resisted immediate action. This uncertainty is impacting all asset classes, including cryptocurrencies, which are increasingly sensitive to Federal Reserve policies.
The minutes also highlighted near-unanimous support for ending quantitative tightening by December 1st, a move that could enhance market liquidity. As the Federal Reserve's future actions remain uncertain, investors are closely watching Fed communications and economic data, which are expected to influence both traditional and crypto markets.
FOMC Minutes Show Division on Rate Cuts, Stirring Crypto Market Volatility
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