The Effects Of Fed Tightening Are Emerging | Weekly Round Up
Inflection Point
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The Fed Prepares to Skip June Rate Rise, but Hike Later
Mark O'Mara: We had an article come out this week from Nick Timeros at the Wall Street Journal. He says, "The Fed prepares to skip June rate rise, but hike later" And then on top of it, he adds, throw in the AI cocktail and you've got the perfect short squeeze. So that's why we're chopping Bitcoin prices chopping. That's a long story about convoluted relationship between the Fed and banks. It's not going to go down for no reason.
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