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IMF Predicts Latam to Grow 3% This Year, Despite Facing Economic Deceleration and Rising Inflation
29.7.2022
The International Monetary Fund is predicting that Latin America (Latam) will keep growing this year, reaching a growth rate of 3% even with all of the difficulties that the region is facing. The institution believes that the economic recovery that Latam is enjoying after the Covid-19 pandemic will...
US GPD Slips Again, Another DeFi Protocol Attacked, Zipmex Seeks Protection + More News
28.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: US GPD Slips Again, Another DeFi Protocol Attacked, Zipmex Seeks Protection + More News
Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth
28.7.2022
The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2...
Bitcoin ‘bear market rally continues’ after BTC price jumps to $23.4K
28.7.2022
The Fed rate hike and comments from Jerome Powell serve to buoy risk assets, with one analyst arguing that the worst of the bank's "hawkish" phase has already passed
Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook
28.7.2022
Pierre-Olivier Gourinchas is the Economic Counsellor and the Director of Research of the International Monetary Fund (IMF).
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The world’s three largest economies are stalling, with important consequences for the global outlook. Inflation is a major concern....
Read More: Global Economic...
Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could ‘Trigger a Devastating Recession’
27.7.2022
On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame inflation and stabilize the American economy. The recent rate hike is the U.S. central bank’s third rate increase after increasing the benchmark rate by 50 bps last March. Fed Hikes...
Bitcoin spikes above $22.2K as Fed votes for 75-basis-point rate hike
27.7.2022
No surprises from the Fed as Bitcoin bulls see rewards for late longs with the press conference still to come
US Fed Fires Another 75 Basis Points Rate Hike at Record Inflation
27.7.2022
The US Federal Reserve (Fed) has hiked interest rates by 75-basis points, to the interval 2.25 to 2.5%, in line with what most analysts expected. (This is a developing story and is being constantly updated.)...
Read More: US Fed Fires Another 75 Basis Points Rate Hike at Record Inflation
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Ahead of Today’s Interest Rate Decision
27.7.2022
Bitcoin was trading marginally higher on Wednesday, as traders were preparing for today’s interest rate decision. The Federal Reserve is expected to hike rates by 75 basis points for the second month running, as inflation in the United States continues to rise to multi-decade highs. Ethereum...
Bitcoin heads into FOMC day on 24-hour highs amid concern over $24.3K top
27.7.2022
The Fed keeps markets on their toes while Bitcoin price action manages to inch higher prior to the Wall Street open
Sentiment and inflation: Factors putting pressure on Bitcoin price
26.7.2022
Bitcoin prices are besieged by a multitude of factors, and the cryptocurrency is struggling to breach the $25,000 mark
Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All
26.7.2022
With inflation soaring in the U.S., economists from monetary policy analytics and forecasting firm LH Meyer say the U.S. Federal Reserve could stop shrinking its balance sheet earlier than expected. However, critics have said the U.S. central bank hasn’t really shrunk the Fed’s...
Biden Administration Accused of Propaganda and ‘Redefining’ a Recession’s Technical Definition
25.7.2022
After people have accused bureaucrats and government agencies of changing definitions during the last few years, Joe Biden’s administration now claims that a second consecutive quarter of negative gross domestic product (GDP) does not indicate the U.S. is in a recession. This is despite...
US Fed Set for New Rate Hike This Week, But How Aggressive Will It Be?
25.7.2022
The US Federal Reserve (Fed) is set to announce another significant interest rate hike on Wednesday this week, and crypto market participants are watching closely for any clues about how aggressively the Fed will move....
Read More: US Fed Set for New Rate Hike This Week, But How Aggressive Will...
Will the Fed prevent BTC price from reaching $28K? — 5 things to know in Bitcoin this week
25.7.2022
Bitcoin prepares for what promises to be a tense week of rate hikes, earnings and more as BTC fails to reclaim crucial trendline
Donald Trump Warns US Economy Is Facing ‘Much Bigger Problem Than Recession’ — ‘We’ll Have a Depression’
25.7.2022
Former President Donald Trump has warned that the U.S. economy is facing “a much bigger problem than recession.” Noting that “We’ll have a depression,” he stressed: “We have to get this country going, or we’re going to have a serious problem.”...
Targeting the US Dollar’s Hegemony: Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency
24.7.2022
While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are in the midst of “creating an international reserve currency.” Analysts believe the BRICS reserve...
Krugman Says He Was ‘Wrong About Inflation,’ Summers Talks Recession, Biden Criticized Over ‘Half-Truths and Fibs’
24.7.2022
In mid-June red hot inflation reared its ugly head in America once again, as the latest U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) report indicated that inflation in June rose at the fastest pace in over 40 years. U.S. president Joe Biden has been in office for 18 months...
Inflation Is 2022’s Boogeyman
24.7.2022
Stephen Hickson, Economics Lecturer and Director Business Taught Masters Programme, the University of Canterbury.____
An entire generation has never experienced life with high inflation. But that is set to change. Countries like Australia, Canada, the United Kingdom and others are reporting rising...
Inflation got you down? 5 ways to accumulate crypto with little to no cost
22.7.2022
As high inflation destroys the purchasing power of fiat, these options offer hodlers a way to add to their portfolio without breaking the bank