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“The upcoming U.S. August CPI knowledge will probably present a rebound in inflation, which implies the Federal Reserve (Fed) will in all probability take further liquidity-tightening measures to curb reflation. In liquidity redistribution, crypto belongings are prioritized final, which signifies that the liquidity saved in crypto belongings may very well be withdrawn and invested in belongings reminiscent of money or U.S. shares,” Ardern mentioned.
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