Lower interest rate effect on currency
26 Jul 2019 could bring more gains for Bitcoin. The currency's value has surged this year. Bitcoin Is the Latest Way to Win From a Fed Interest-Rate Cut If “Fed moves impact USD, this impacts bitcoin,” he wrote. “We saw this last 25 Jul 2019 Kocherlakota says there may be an additional rate cut in the fall. The other concern is how risks to the global economy can affect the United States and its I do expect the Fed to cut interest rates by a quarter percentage point, not any more than that. Also, the dollar will weaken against other currencies. This extended era of low interest rates may not be ending any time soon – which means that investors are likely to remain under The Impact of a U.S. Rate Change on the World Rising interest rates tend to raise the value of a currency.