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Your Crypto Guy 🇮🇳
https://x.com/gaurav15706/status/1909930784602849589
Some people are confused, this is not an emergency meeting. It’s FOMC minutes meeting, where we get more context on their policy decisions and how they view the current economic situation.
After 7 years, ETH is once again trading around its 2017 top peak.
U.S. economic data will be released this evening!
Your Crypto Guy 🇮🇳
This data suggests a cooling in wholesale inflation.
Wholesale inflation(PPI) dropped sharply mainly bcz of food prices & gas prices have fallen significantly. This data could pressure the Fed to go for rate cuts.
This data came out recently today.