Strategist At $4,500,000,000,000 Fund Warns Sudden Interest Rate Drop Could Crush Dollar, Boost Bitcoin and Gold - The Daily Hodl thumbnail
Strategist At $4,500,000,000,000 Fund Warns Sudden Interest Rate Drop Could Crush Dollar, Boost Bitcoin and Gold - The Daily Hodl
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Fidelity macro expert Jurrien Timmer says that a Fed pivot back to lower interest rates could ignite fresh bull markets for gold and Bitcoin (BTC). “If the country develops an urgent need for lower rates to pay for the massive debt stock, that could undermine the Fed’s autonomy. In such a scenario,
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  • Fidelity macro expert Jurrien Timmer says that a Fed pivot back to lower interest rates could ignite fresh bull markets for gold and Bitcoin (BTC).
  • “If the country develops an urgent need for lower rates to pay for the massive debt stock, that could undermine the Fed’s autonomy. In such a scenario, it would be easy to see the dollar weaken and real rates get suppressed once again. That would trigger two of gold’s main drivers. And if Bitcoin is gold’s high-octane cousin, it makes sense that Bi...
  • Timmer also says that the Fed is historically already being “moderately restrictive” when it comes to monetary policy. However, the macro expert believes that inflation is already retreating, which suggests that a Fed pivot could be near.

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