Macroeconomics | ForkLog

ForkLog 19 21.09.2022

Fed raises policy rate; Bitcoin slides below $19,000

On Wednesday, September 21, the U.S. Federal Reserve (Fed) raised the target range for its federal funds rate by 75 basis points, to 3–3.25%. The crypto market reacted with a drop.

AI translated

ForkLog 14 20.09.2022

Return in a year: an artificially created crisis could trigger a prolonged market correction

A crisis created by governments around the world and the dominance of political interests over economic sense will lead to a recession and, as a result, a fall in stock and crypto market prices. How long could the drop last and how severe will it be?

AI translated

ForkLog 11 26.08.2022

Bitcoin falls below $21,000 after Powell remarks

The Fed is taking decisive and swift steps to balance demand with supply and to keep inflation expectations anchored. Such a policy will require keeping rates high for some time, Fed Chair Jerome Powell said.

AI translated

ForkLog 9 28.07.2022

US economy enters a technical recession. Bitcoin volatility

US GDP declined by 0.9% in the April–June 2022 quarter from the first quarter. With a 1.6% drop in January–March, the economy entered a technical recession.

AI translated

ForkLog 11 27.07.2022

Fed raises key rate; Bitcoin rises above $22,000

On Wednesday, July 27, the U.S. Federal Reserve raised the target range for the federal funds rate by 75 basis points to 2.25–2.50%. The cryptocurrency market responded with a rally.

AI translated

ForkLog 11 13.07.2022

Bitcoin slips below $19,000 after US inflation data

For June, the pace of growth in the U.S. consumer price index accelerated to 9.1% year over year. Against this backdrop, bitcoin briefly traded below $19,000.

AI translated

ForkLog 14 16.06.2022

Fed raises key rate; Bitcoin and Ethereum rally

The Federal Reserve raised the target range for the federal funds rate by 75 basis points at its June 14-15 meeting, to 1.5-1.75%. The move marked the regulator's first such increase since 1994.

AI translated

ForkLog 19 09.05.2022

Bank of America casts doubt on Bitcoin as an inflation hedge

Bitcoin has not, for some time now, served as an inflation hedge. Bank of America's analysts reached that conclusion, Fortune reports.

AI translated

ForkLog 21 05.05.2022

Fed shocks markets. Bitcoin climbs above $40,000

The Fed, after its May 4–5 meeting, raised the target range for the federal funds rate by 50 basis points to 0.75% to 1.00% per year. At the press conference, Fed Chair Jerome Powell ruled out increasing the pace of policy tightening going forward.

AI translated

ForkLog 16 17.03.2022

Fed raises rates for first time since 2018; Bitcoin and S&P 500 rise

Following the March 16-17 meeting, the Fed raised the policy rate for the first time since December 2018 by 25 basis points to 0.25-0.50%. By year-end it could reach 1.9% due to inflation running at a 40-year high, according to Fed projections.

AI translated

ForkLog 14 31.01.2022

Former BoJ official sees risks in launching the digital yen

CBDC could threaten financial stability and have catastrophic consequences for the economy, according to Hiromi Yamaoka, the former head of the Bank of Japan's digital yen research, The Japan Times reports.

AI translated

ForkLog 14 16.12.2021

Fed signals three rate hikes in 2022 amid inflation risks

Following the December 14-15 meeting, the Fed pushed back the end of its asset purchases taper from June to March. The updated forecasts anticipate three rate hikes over the next two years.

AI translated

#Macroeconomics