Jump to content

Fed Hikes Rates by 75 bp to Curb Inflation. What’s Next for Gold, USD & Bitcoin?

Recommended Posts


  • Federal Reserve raises its benchmark rate by 75 basis points to 3.00%-3.25%, in line with market expectations
  • Policymakers downgrade their GDP estimates, while revising upwards the inflation outlook
  • The September dot-plot signals a more hawkish tightening path than envisioned in the June Summary of Economic Projections

Fed Hikes Rates by 75 bp to Curb Inflation. What's Next for Gold, USD &  Bitcoin?




The statement offered a downbeat message on economic activity, noting that spending and production indicators are showing modest growth.

On the labor market, the document stressed that the unemployment remains low, acknowledging that job gains remain strong, providing a vote of confidence in the outlook.

The central bank reiterated that inflation is high, reflecting supply and demand imbalances related to the coronavirus health crisis, rising food and energy costs, and broader price pressures. In addition, the bank said it continues to be attentive to inflation risks.

On monetary policy, the FOMC maintained the same forward guidance as previous statements, indicating that ongoing increases in the target range will be appropriate, signaling policymakers are not yet done with aggressive hikes.



Full article: Sep 21, 2022 | DailyFX
Diego Colman, Market Analyst

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 29/11/23 17:02
  • Posts

    • Investing in crypto could be challenging especially the Fear of Missing out Lambo. This mostly affect traders trading strategy and ideology. Predicting the right time to buy is always cumbersome and that is why many analyst advise DCA because it curtails FOMO and gives you a long-term crypto trading mentality. In crypto Dollar Cost Averaging involves investing the same amount of money in a target token at regular intervals over a certain period of time, regardless of price. This will help to control volatility on your portfolios and minimize FOMO For example when you decide to invest $100 on a token and invest $10 daily or weekly or monthly till you fulfilled you $100 target investment on the token irrespective of the price of the token. This strategy helps a crypto trader to build his portfolio over the long term thereby he/she is not bothered by short-term volatility in the broader markets. This strategy mostly favours low-budget traders in building a strong portfolio but the problem most normally encounter is exchange minimum trading amount. One analyst advised on how to mitigate this was to accumulate on exchange that has lower trading fees and later send to where you desire to hold. He also noted that some of this exchanges are good in listing good projects for you to be among the early birds. Do you think DCA is the best method to accumulate token and which exchange offers the lowest tradeable balance and trading fees?
    • DXY   now wait for confirmation or rejection 
    • Messi has written his name in the sands of time. I dare say he is immortal, he has challenged and excelled all limits to the point he is now the new limit. This partnership is GOATED cos it has brought more exposure for the exchange considering MESSI's popularity.    
  • Create New...