Fed’s delay in rate cuts still benefits growth assets like cryptocurrencies

According to news on May 13, Binance Research released a macro analysis report on its official website. The report pointed out: If the Federal Reserve delays cutting interest rates because economic growth is still strong, and inflation just takes some time to fall back to 2%, then the overall background will still be negative for cryptocurrencies, etc. Growth assets are beneficial. Furthermore, if economic growth continues to slow, inflation accelerates, and wage growth rises, the Fed may even need to consider raising interest rates, which could have a negative impact on growth assets such as cryptocurrencies.