What does the Fed’s fight against inflation mean for crypto? Macro analyst explains By Cointelegraph
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What does the Fed’s fight against inflation mean for crypto? Macro analyst explainsThe Federal Reserve’s efforts to battle inflation by rising interest rates and killing demand may have limited results as long as the supply side of the inflation problem won’t be fixed, according to macro analyst Lyn Alden.
“Until they actually fix the supply side of certain things, like energy especially, but commodities broadly and logistics infrastructure, until that is improved, it’s hard to have a more persistent fix to the inflationary problem,” Alden told Cointelegraph in an exclusive interview.
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What does the Fed’s fight against inflation mean for crypto? Macro analyst explainsThe Federal Reserve’s efforts to battle inflation by rising interest rates and killing demand may have limited results as long as the supply side of the inflation problem won’t be fixed, according to macro analyst Lyn Alden.
“Until they actually fix the supply side of certain things, like energy especially, but commodities broadly and logistics infrastructure, until that is improved, it’s hard to have a more persistent fix to the inflationary problem,” Alden told Cointelegraph in an exclusive interview.
Continue Reading on Coin Telegraph
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