If the Fed prints more money, what’s at stake for Bitcoin?
When Federal Reserve official Neel Kashkari appeared on CNBC and said the Fed has “tools to provide more liquidity to the market,” Crypto X instantly interpreted this statement as a vow to print dollars. If it happens, what are the implications for Bitcoin?
It is not clear if the Fed will use its tools to add liquidity to the market. Agency officials continue to reinforce the idea that they are not in a hurry to take any action regarding the ongoing tariff chaos.
The Fed wants to see the results of negotiations between the U.S. and other countries, Kashkari says.
Yet, the Fed is satisfied with the improving CPI inflation rate (in March, it reached 2.4%) and will not prioritize any other task before it…