OPEC+ Surprises killer FED "1 Million-Barrel Oil Production Cut"

in hive-101145 •  2 years ago 

It can be a bad news for crypto market. OPEC+ makes 1M production cut. Could comple fed to hike rates further with no cut in 2023.
Crypto market has already digested 50 basis rate cut in 2023.
But with this news flow, FED will think about cutting interest rate in 2023.
Or one can say that OPEC+ has REKD the FED????
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