Inflation is on the rise what impact could it have holders on cryptos?

Inflation is currently the highest it has been in 40 years in the US. The percentage of financial institutions that believe the FED in America would raise interest rates by at least 0.5% in March 2022 has risen from 3% in January to over 50% in February. In a recent podcast looking at inflation, the Economist found that inflationary pressures are stronger in the US than most other parts of the world, and reported an expectation that the FED will increase interest rates seven times in 2022 by 0.25% and then a further four times in 2023.

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Jonny Fry

#DigitalAssets#Tokens #ChairmanGemini #Fintech #Blockchain #Assetmanager #Speaker #DigitalBytes #Economics @Teamblockchain Twitter:@jonnyfry175