“As the market is expecting a pause after this hike, we’ll be looking for the sentence on ‘additional policy firming may be appropriate’ to be removed from the statement, replaced by more open-ended language leaving the door open for either more rate hikes or a pause, i.e., data-dependency,” Dick Lo, the founder and CEO of quant-driven crypto trading firm TDX Strategies, told CoinDesk.
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The Money Fight
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription.I always find it funny when...