Tech selloff may ease pressure on the Federal Reserve, says BMO economist

A tech sector cooldown could grant the Federal Reserve more flexibility in monetary policy, potentially easing inflationary pressures. The post Tech selloff may ease pressure on the Federal Reserve, says BMO economist appeared first on Crypto Briefing.
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Explained in this story
Federal Reserve
The central bank of the United States, which sets US interest rates and supervises banks.
Because the dollar is used worldwide, its rate decisions affect borrowing costs and markets in many other countries.
More about Federal ReserveCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Economy
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