It’s time to check in again with our friends at the Federal Reserve, whose every move is being scrutinised by investors everywhere for signs of what might be on their minds. Are they going to keep raising interest rates as aggressively as they have been in previous months? Will they slow the pace, or maybe even ease off the rate rises completely? The decisions made inside Fed HQ have huge ramifications for the US economy and beyond.
We recently got a glimpse inside the Fed’s thinking with the release of the minutes of its latest meeting, which was held just before Jerome and co decided to hike rates by yet another 75 basis points last month. So, have a listen to our analysis of the minutes and what they might mean for the crypto market and beyond. It may have been hard to focus on much besides the FTX disaster in recent weeks, but the rest of the world doesn’t stand still when crypto has one of its periodic meltdowns.
Next up, you’ll hear about some of the catalysts that could yet drive the bear market down to new lows. Many are speculating that we may be at or near the bottom by now and it certainly feels like that sometimes. Problem is, there are still a number of factors that need to be considered and hurdles to be overcome before the path to higher prices is revealed.
From retail investors finally throwing in the towel, to miners giving up the ghost and energy prices going through the roof, there’s still lots to watch out for. With luck, the bottom is already in and 2023 will be a year of growing gains, but then again, luck seems to have been in pretty short supply of late.
We hope you enjoy the show.
Producer for iHeartMedia: Noel Brown
Editor: Semir Mutapcic
Theme music composed by: Noel Brown