As Crypto Market Sees Smaller Charge Hikes From December, Main Banks Warn ‘Slower Does not Imply Decrease’

Lee Hardman, foreign money analyst at MUFG Financial institution, stated in Tuesday’s consumer observe, “If the Fed does gradual the tempo of hikes in December, it doesn’t essentially imply as properly that the overall quantity of tightening delivered within the present tightening cycle can be much less, though that would be the preliminary assumption.”