CoinGape
2024-04-28 20:00:41

Crypto Market: FOMC In Focus As GDP & PCE Data Raises Fed’s Rate Cut Concerns

Investors in the crypto market are on edge as they await the Federal Open Market Committee (FOMC) interest-rate decision, amid growing apprehensions over potential delays in the Federal Reserve’s rate cut plans. Notably, the recent economic indicators, including U.S. GDP and Personal Consumption Expenditures (PCE) inflation data, have exacerbated concerns, signaling a possible hawkish stance from the The post Crypto Market: FOMC In Focus As GDP & PCE Data Raises Fed’s Rate Cut Concerns appeared first on CoinGape .

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