Powell talks today. Will a hawk ground crypto?
FED announces rate today at0.25%. Stocks/crypto been on 45-day bull with expectation rate hikes stop by late summer. If Powell indicates otherwise today, stocks and crypto could be grounded in the short-term. #leofinance #cent #oneup
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bro where is burn party?:D lets burn some more cards, burned 1 gf bat btw:D
I am holding off on posts for a while. Not sure why, but my Splinterlands posts are getting downvoted.
They will keep jacking up those rates until they put us into the next depression. Gotta love the fed!
!LOLZ
It's a tight-rope. If FED keeps letting the economy run hot, then inflation will never be tamed. If they throw too much cold water on the fire, the economy will constrict and deep recession will occur.
Definitely a tight rope, I just hope the captain of the ship isn't myopic. Usually they are pretty good at watching the indicators and I hope they continue to call things right. Not a job I would want to have, sleepless nights and lots of ulcers!
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She is stunning.
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(3/8)
Time?
2:30 p.m. Eastern today
All eyes on the fed today 👀👀. I just hope there won't be any distinctive change that could disrupt the current mood of the markets.
If he's hawkish and says that rates will continue to be raised past September, the markets will get jittery. If he says rate hikes should wrap up by end of summer or early fall, then markets are going to get go on a strong bull run. I am positioned either way.
Yes yes. I hope he says the latter, the bull run should be here already! If the rates continue to be raised past September, the economic will contract and shrink further.
we need greeeeeen years lets go, but yea now all is connected fed say some shit , sp500 go down and crypto go down, but in terms of long distance its good, because sp500 increasing from yearto year so its not so bad to be connected
Hoping for the best
FED just took the 0.25percent. Powell speaking soon. I am expecting him to say the FED isn't easing up through the summer.
Agree
this will put a good effect on crypto market as well @methodofmad. Bitcoin is already reached to 24k.
Run bulls run!
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It seems to me that now there will be a slight correction from growth.
Looks like the stock and crypto market are pleased with the announcement. Growth will slow but maybe not die.
!PIZZA😎
I'm a little confused. When is summer where you are? !PIZZA
In July.
In that case we still have quite some time to reap some benefites before the hike stops by the end of summer !LOL
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Well……I hear he is a pain in the neck.
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The way it was decided in the FMOC meeting today, the interest has come 0.25. This is a very good sign for the market and Bitcoin is also going up with this time volume and we will see it go up to 30k in the coming days. Today's interest rate is very good for crypto users that people have been sitting for a long time and they will also watch them go up.
Looks like we will have a little bull run again. I hope Hive hits $0.50.
You are absolutely right if the Bitcoin goes up a bit if it touches 28 thousand or 26 thousand then yes hive can touch easily 60 to 80 cent's.
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How have you been? Haven’t seen you around lately.
I am taking some time away from Hive to focus on some other investments. I automated most of my Hive/Splinterlands interactions for a while.
good! 😀
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