Williams stressed the Fed’s commitment to a 2% inflation target. He warned of a potential rise in unemployment to between 4.5%-5%. This economic slowdown and increasing inflation may require adjustments in monetary policy and could intensify regulation in the cryptocurrency sector.
In reaction to these economic signals, Bitcoin has witnessed a significant outflow of 162 million USD, while Ethereum experienced an influx of 10.48 million USD. The reactions of these cryptocurrencies underscore their sensitivity to macroeconomic conditions.
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