News Explorer — Bank of America Sees Potential for a Fed Rate Hike—Here's What It Could Mean for Bitcoin

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Mar 20, 4:54 pm

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Bank of America Sees Potential for a Fed Rate Hike—Here's What It Could Mean for Bitcoin

Bank of America economists raised the prospect of a policy move in the opposite direction of President Trump's pressure on the Federal Reserve to lower interest rates. They outlined conditions under which the Fed might consider tighter monetary policy, such as surging energy costs and prolonged conflict in the Middle East.

Bank of America economists raised the prospect of a policy move in the opposite direction of President Trump's pressure on the Federal Reserve to lower interest rates. They outlined conditions under which the Fed might consider tighter monetary policy, such as surging energy costs and prolonged conflict in the Middle East.

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