#BTC# A report from Golden Finance in September shows that the strong US employment report suggests that the pace of interest rate cuts may slow down, but it is still good for Bitcoin as investors become interested in riskier assets. Zach Pandl, the research director of Grayscale, said: 'While the economy is growing steadily, discussions about the Federal Reserve's interest rate cuts and debates about expanding government deficits are still ongoing. This should be a net positive for investors' risk appetite, but it may rekindle inflation risks in the medium term.'
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC# A report from Golden Finance in September shows that the strong US employment report suggests that the pace of interest rate cuts may slow down, but it is still good for Bitcoin as investors become interested in riskier assets. Zach Pandl, the research director of Grayscale, said: 'While the economy is growing steadily, discussions about the Federal Reserve's interest rate cuts and debates about expanding government deficits are still ongoing. This should be a net positive for investors' risk appetite, but it may rekindle inflation risks in the medium term.'