Federal Reserve Considers Slowing Quantitative Tightening
- The Federal Reserve released meeting minutes on February 19, indicating a potential slowdown or end to quantitative tightening (QT).
- Fed officials are concerned about the interaction between balance sheet reduction and the debt ceiling debate.
- No shift to quantitative easing (QE) was announced, but the possibility of halting QT has sparked speculation.
- The Federal Open Market Committee (FOMC) must unanimously approve these minutes.
- Bitcoin experts view the end of QT as potentially bullish for cryptocurrencies.
The Federal Reserve’s meeting minutes suggest a possible slowdown in QT due to concerns over the debt ceiling. This development has been interpreted by Bitcoin analysts as a positive signal for digital assets. At press time, Bitcoin traded at $97,208.
Source (2.6)https://www.newsbtc.com/news/bitcoin/bitcoin-bulls-rejoice-fed-minutes-confirm-qt-is-ending/?rand=52377