Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
with observers split on what the Federal Reserve Chair Jerome Powell will say at Friday's Jackson Hole meeting."Given the good CPI reading last Wednesday, we're likely to get a dovish Powell tone Friday," Amberdata said in the weekly newsletter, hinting at a potential favorable development for risk assets, including cryptocurrencies. Meanwhile, the crypto-options-focused tech platform SignalPlus said Powell might be cautious.
according to Steno Research. The DeFi Summer of 2020 came about as the U.S. Federal Reserve lowered interest rates to near zero.
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