BREAKING: Minutes from FOMC
suggest a substantial majority of the committee support a slowing of the pace of tightening soon
fed FOMC BTC
FOMC minutes also say the committee so far see no signs of inflation cooling.
FOMC impact of rate hikes are "still quite uncertain"
This is despite interest rates rising 16x this year since March
Committee accept that the effects of global tightening and the impacts of that may spread to the US
Higher mortgage rates have notably slowed mortgage demand
BTC FOMC Fed
Bitcoin saw a small pump as the minutes were released to 16600
The main message - FOMC expects rate rises to continue but expected to be at a slower paceThis post is based on this twitter thread.