Cryptocurrency Market

  • Market Cap: $2,404,564,798,216.85
  • 24h Vol: $55,554,871,374.03
  • BTC Dominance: 56.53%

fed inflation

strategist-expects-us-recession-by-year-end,-fed-tightening-to-drag-down-economy

Strategist Expects US Recession by Year-End, Fed Tightening to Drag Down Economy

Investment bank MPS Capital Services has warned that the U.S. economy will be in a recession by year-end. The firm’s strategist predicts that the Federal Reserve will raise interest rates by an additional 25 basis points, warning that the central bank’s monetary tightening “will drag down on the economy.” Strategist’s Recession and Rate Hike Predictions […]

Strategist Expects US Recession by Year-End, Fed Tightening to Drag Down Economy Read More »

economist-warns-the-fed-can’t-reach-inflation-target-without-‘crushing’-us-economy

Economist Warns the Fed Can’t Reach Inflation Target Without ‘Crushing’ US Economy

Economist Mohamed El-Erian, Allianz’s chief economic advisor and chair of Gramercy Funds Management, has warned that the Federal Reserve cannot achieve its 2% inflation target without crushing the U.S. economy. “You need a higher stable inflation rate. Call it 3% to 4%,” the economist suggested. The Fed Could Crush US Economy, Economist Warns Economist Mohamed

Economist Warns the Fed Can’t Reach Inflation Target Without ‘Crushing’ US Economy Read More »

the-fed-will-keep-focusing-on-crypto-—-fed-governor-says-‘we-do-not-want-to-hinder-innovation’

The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’

Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could be pushing growth in this space into the non-bank sector, leading to much less transparency and potential financial stability risk.” Fed Governor on Crypto, US Economy, and

The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’ Read More »