Powell suggests slower Fed balance sheet reduction, boosting Bitcoin and Gold

Quick Take The US Federal Reserve’s recent policy stance has had noticeable effects on various financial assets. The Fed maintained the fed funds rate at 5.25 – 5.50% on March 20 and signaled a slowed pace of balance sheet reduction. According to Zerohedge, Jerome Powell said, “We did not make any decisions today. The general […] source: https://cryptoslate.com/insights/powell-suggests-slower-fed-balance-sheet-reduction-boosting-bitcoin-and-gold/