Macroeconomics | ForkLog

ForkLog 36 03.10.2022

Rumours of possible Credit Suisse bankruptcy unsettled the market

Credit default swaps (CDS) on the debt of one of Europe’s largest investment banks, Credit Suisse, jumped to levels not seen since the 2008 financial crisis. Such elevated readings imply a 23% probability of its collapse within the next five years.

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ForkLog 18 03.10.2022

Robert Kiyosaki urges buying Bitcoin amid rising Fed rates

The author of the bestseller "Rich Dad, Poor Dad" and entrepreneur Robert Kiyosaki described the strengthening of the US dollar as an excellent opportunity to buy the first cryptocurrency and other digital assets.

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ForkLog 23 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.

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ForkLog 17 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?

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ForkLog 20 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.

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ForkLog 10 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.

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ForkLog 18 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.

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ForkLog 12 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.

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ForkLog 23 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.

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ForkLog 22 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.

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ForkLog 27 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.

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ForkLog 27 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.

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#Macroeconomics