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US Midterm Elections and Trump Pressure Are Stopping Rate Hikes, Says Wharton Professor

Published Source: BeInCryptoRead original

Crypto Insight Summary: Wharton's Jeremy Siegel says Trump's pressure and looming midterms are the only things blocking a Fed rate hike this month. Crypto Insight Analysis: Direction: Bullish BTC / Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Delayed rate hikes provide temporary relief for risk assets.

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US Midterm Elections and Trump Pressure Are Stopping Rate Hikes, Says Wharton Professor — Crypto Insight