MILAN – Operators’ belief that the Fed can reduce the cost of money is fading and uncertainty reigns in markets where today there are no relevant indicators other than European inflation. Finally, Kansas City Fed Governor President Jeffrey R. Schmid called for patience in cutting rates as long as inflation remains above the 2% target and the job market remains strong. The placement of the new BTP Valore continues, with strong demand also on the second day. Mention for Bitcoin, which records 57,000 for the first time since the end of 2021: The growth of the queen of digital currencies reaches a third this year, driven by the turning point marked by the SEC’s approval of ETFs on Bitcoin They have over 5 .6 billion US dollars raised from investors.