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Federal Reserve Could Taper ‘Soon’ as Officials See Interest Rate Hike Next Year — CoinDesk

Federal Reserve Could Taper ‘Soon’ as Officials See Interest Rate Hike Next Year — CoinDesk

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Many cryptocurrency buyers speculate that QE might weaken the greenback, pushing up the worth of bitcoin, which has a capped provide. Bitcoin can be nonetheless seen on Wall Street as a speculative asset, and the wager is that extra buyers can be pressured to hunt such investments as so-called quantitative easing or “QE” – the follow of printing cash to stimulate markets – suppresses returns in conventional bond markets.

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