The Interchange: What does the Fed's historic shift on inflation mean for bitcoin? Not much
August 27, 2020, 9:40PM EDT · 5 min read
Quick Take
- Unpacking the Fed’s shift on inflation, and why it doesn’t really change anything for bitcoin
On Thursday, the Fed announced a “historic shift” in how it will think about balancing inflation amid the re-emphasized priority of full(er) employment. You can read the official changes to its FOMC framework here, the TL;DR of which is that the Fed will accept higher levels of inflation in order to support an even stronger […]
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