BTC, ETH and the Upcoming US CPI & FOMC Meeting (this Week)
Bitcoin Ethereum BTC, ETH at ang Paparating na US CPI at FOMC Meeting (ngayong Linggo) 12 / 13 / 2022 Balita ng Ethereum ng Bitcoin BTC and ETH prices are again gaining momentum. The US CPI announcement and FOMC meeting will be held this week. Prices of major cryptocurrencies affected due to adverse market conditions. BTC, ETH Neutrino USD (USDN) was at price of $0.776 with a decline of over 4.83%; and ApeCoin at $3.97 with an approx 7.80% drop in price. Fed to make announcements soon The main event to be held on December 13 is the US CPI (Consumer Price Index) announcement and another one is the FOMC (Federal Open Market Committee) meeting on December 14, 2022. In a Press Conference with Chairman of the Federal Reserve Board, Jerome Powell held on November 2 this year. The main agenda as discussed by Jerome Powell, was being committed to “bringing inflation back down to our 2 percent goal.” Also, he stated that the 75 basis point increase in policy rates may prove to be appropriate. Also, over the past 12 months ending till September, total PCE (Personal Consumption Expenditure) Price Index hiked at 6.2%, and when not including the rapidly fluctuating categories such as energy and food, the overall