Battered Bitcoin Looks to U.S. Fed for Support, Bank of America Predicts End of Quantitative Tightening

Quick Summary:

The expected end of quantitative tightening could bode well for BTC and other risk assets, but gains may be tempered by stagflationary adjustments in economic projections.

Trump's tariffs have revved up inflation risks while posing risks to economic growth, a stagflationary situation, and the Fed's summary of economic projections (SEP) could reflect that.

Bank of America put it best: "The combination of signal from the latest data and policies enacted to date should result in the Fed downgrading growth and upgrading inflation this year, a small nod to stagflation".

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Omkar Godbole

Category: Crypto

Markets: United StatesCuba

Topics: Federal Reserve Bitcoin Markets Bofa

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 07:47:57 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 771 words

Reading Time: 5 minutes read

Sentences: 39 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27167880

View Article Analysis

About CoinDesk

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 11 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

Frequently Asked Questions