2022-7-29 17:11 |
The United States GDP readout for Q2 meets the definition of a recession, despite comments from both the Fed and lawmakers.
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Russia's central bank meets on Friday to decide whether to cut interest rates to a record low to help stimulate the economy out of a recession.
2020-6-25 13:00 | |
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As President Donald Trump continues sounding a triumphalist tone on the subject of the economy, there are developing signs that point to a brewing recession. Fear of a slowdown is the primary reason why the Federal Reserve declined to raise interest rates at the start of the year, and now it seems that these fears are well-founded.
2019-3-24 21:02 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Legendary investor Paul Tudor Jones lays out his recession trades including Bitcoin
Arguably the most important takeaway from yesterday’s FOMC meeting was that the U. S. Federal Reserve (Fed) is no longer forecasting a recession, which led to a cautious rally in Bitcoin and crypto markets today.
Bitcoin’s price is following in XRP’s footsteps by rallying close to $32,000, but the price could pull back in the face of this week’s $720 million options expiry.
A political deadlock looms over the U.S. debt ceiling and its potential impact on the price of Bitcoin, which is already up 75% in 2023.
BTC price continues to show strength, and derivatives data suggests that bulls intend to press Bitcoin higher.
According to Bloomberg's senior commodity analyst, BTC is currently untouchable and could go all the way. However he asserts that a recession will likely affect the commodity as well.
The Galaxy Digital CEO predicts tough times ahead for the United States economy but continues to be bullish on crypto.