We are just before another FOMC meeting, and given the recent unpredictable movements of crypto and stock markets, this meeting may be a spark for significant movements in asset markets and the global economy. Even experienced traders have faced difficulties in predicting market movements.
However, if we step back for a while, it may become a bit clearer where the global economy is headed and how asset markets will react to recent risks. I believe it's important to have a wide view and a middle to long-term action plan at this time. Good luck to my friends and myself.
In addition, GBP CPI YOY has recorded a higher number at 10.4%. While inflation is an important consideration for the Fed when making decisions about monetary policy, the Fed's decision to raise interest rates is based on a wide range of economic indicators, including employment, GDP growth, and financial stability. In the past, higher inflation has been a factor that has led the Fed to consider raising interest rates to curb inflationary pressures. However, the Fed's decision-making process is complex and takes into account many different factors, so it's not always the case that higher inflation will lead to an interest rate hike.