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GBTC - Caught Off Guard: Why The Fed Meeting Minutes Surprised Markets
Bitcoin Investment Trust
The release of minutes from the Fed’s April 27-28 policy meeting proved to be more interesting than expected, leading to some turbulence in markets.
An earlier wind-down in quantitative easing, in turn, could lead to an earlier tightening in monetary policy than what markets have been pricing in.
Similar to the U.S., some of the inflationary pressures in Canada and the UK can be attributed to energy prices, which have increased considerably in the past year.