Speaking with CoinDesk, Swan Bitcoin Managing Director Steven Lubka said he expects inflation numbers to continue to soften in the first half of 2023, which should give the Fed room to somewhat soften its stance. Lubka, however, is concerned that CPI prints in the second half of the year may not be so benign, and the central bank could find itself in a difficult spot with a softening or even recessionary economy alongside rising inflation.
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