Binance Research: The Fed's delay in cutting interest rates is still beneficial to growth assets such as cryptocurrencies

Binance Research published a macro analysis report on its official website, which pointed out that if the Federal Reserve delays interest rate cuts due to strong economic growth and inflation only needs some time to fall back to 2%, the overall background is still favorable for growth assets such as cryptocurrencies. In addition, if economic growth continues to slow, inflation accelerates, and wage growth rises, the Federal Reserve may even need to consider raising interest rates, which could have a negative impact on growth assets such as cryptocurrencies.