ECB Rate Cut and Potential FED QE: Long Crypto, Bitcoin, and Commodities | Flash News Detail | Blockchain.News
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6/6/2024 8:00:01 PM

ECB Rate Cut and Potential FED QE: Long Crypto, Bitcoin, and Commodities

ECB Rate Cut and Potential FED QE: Long Crypto, Bitcoin, and Commodities

According to @CryptoMichNL, the European Central Bank (ECB) has decided to cut interest rates, marking the first central bank to take such action. He predicts that the U.S. Federal Reserve (FED) will soon follow by cutting rates and initiating quantitative easing (QE) as a response to current economic conditions. In light of these developments, he advises going long on cryptocurrencies, Bitcoin, and commodities.

Source

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast