CoinGape
2021-12-16 06:46:22

Crypto market eyes recovery amid Feds bond tapering plans

The much-discussed Federal Open Market Committee (FOMC) meeting commenced on Wednesday with no changes to the interest rates. The Fed also announced it would double the rate of its bond tapering i.e accelerate the reduction of its monthly bond purchases. Starting in January, the Fed will buy $60 billion in bonds per month, half of The post Crypto market eyes recovery amid Feds bond tapering plans appeared first on CoinGape.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer