HomeUncategorized‘Forget a pivot’ — Markets won’t see Fed rate cut boost in 2023, says analyst By Cointelegraph

‘Forget a pivot’ — Markets won’t see Fed rate cut boost in 2023, says analyst By Cointelegraph

December 21, 2022

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(BTC) and other bulls will not benefit from a major change in United States inflation policy in 2023, one analyst says.

In a Twitter thread on Dec. 20, Jim Bianco, head of institutional research firm Bianco Research, said that the United State Federal Reserve would not “pivot” on rate hikes next year.

Japan 10-year bond yield curve control (YCC) annotated chart. Source: Jim Bianco/Twitter
Market cycle comparison annotated chart. Source: Jurrien Timmer/Twitter