NY Fed Inflation Forecasts Surge, Affecting Crypto Markets

The New York Federal Reserve’s September Consumer Expectations Survey shows a significant jump in one-year inflation forecasts to 3.4%, sparking market analysis across crypto sectors. While no direct statements from the Fed or major crypto exchanges were released, this increase in anticipated inflation is expected to influence investor strategies and asset valuations. Notably, the report doesn’t immediately trigger any changes in cryptocurrency markets like Bitcoin or Ethereum, despite the potential impact on risk models.