Mr. Bostic said the Fed had "anticipated volatility in the monthly economic data and the latest inflation and labour market data give the Fed the ability to be patient. If the data are as I expect, I am open to inaction at one of the last two meetings".
The correlation between bitcoin and gold has shown a volatile trend over the past three years, with the 30- and 90-day correlation indicators showing intermittent peaks and troughs, indicating a difference in the degree of correlation between bitcoin and gold prices. However, over the past 30 days, the correlation between bitcoin and gold has become weaker and weaker, similar to the recently observed trend between bitcoin and the S & P 500 Index.