FOMC preview: Brace for impact

2023-7-25 19:05

Quick Take

As the upcoming FOMC meeting looms tomorrow, July 26, anticipation builds up around the Federal Reserve’s projected interest rate hike of another 25 basis points.

Market estimates attribute a near-certainty to this adjustment, assigning it a 99% probability. This increment would bring the federal funds rate to a range between 5.25 and 5.50 percent, aligning it with the peak rate witnessed in 2008.

Don Johnson’s analysis suggests an unprecedented trajectory of the Federal Reserve’s actions in the current cycle. In his assessment, the rate hikes during this period have surpassed those implemented in earlier cycles, specifically those in 2018, 2006, 2000, 1995, 1989, 1987, 1984, 1982, and 1960.

The table below provides a comparative perspective on previous rate hiking schedules, showcasing the intensity and speed of the current rate hikes.

One of the most pressing concerns is whether the economy, laden with considerable debt, can withstand these swift and substantial adjustments.

Fed Hiking: (Source: Federal Reserve)

The post FOMC preview: Brace for impact appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin Interest (BCI) на Currencies.ru

$ 0.0055889 (+126.01%)
Объем 24H $11
Изменеия 24h: 105.15 %, 7d: 31.78 %
Cегодня L: $0.0024749 - H: $0.0055889
Капитализация $102.428k Rank 1809
Доступно / Всего 18.327m BCI / 22.3m BCI

fomc points basis another interest rate hike

Источник: cryptoslate.com

fomc points → Результатов: 20


Fed raises rates by 25bps; Bitcoin remains essentially flat

Quick Take The Federal Open Market Committee (FOMC) has decided to raise rates by 25 basis points, taking the Fed funds rate to 5%- 5.25%. The Fed funds rate is now in line with CPI inflation which is also at 5% The FOMC said it seeks to achieve maximum employment and inflation at the rate […] The post Fed raises rates by 25bps; Bitcoin remains essentially flat appeared first on CryptoSlate.

2023-5-4 21:08


Фото:

No Imminent Crypto Market Upurge Expected Following Release Of June 2022 US CPI Data

At the last meeting in mid-June 2022, the Federal Open Market Committee (FOMC)  announced their biggest interest rate hike in four decades of 75 basis points. Following this interest rate announcement, the crypto markets collapsed in anticipation of future interest rate hikes to curb rising inflation amidst fears of a looming global recession. At the […]

2022-7-19 00:52


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Fake airdrop SMS to KuCoin users stir data leak concerns

Though scammers behind the Inferno Drainer malware announced the closure in 2023, new reports indicate that more bad actors are the targeting KuCoin community. In an X post shared on Feb. 22, a web3 security advocate known as CryptoShields.eth disclosed…

Here’s why the price of ARK cryptocurrency is rising

In recent days, the ARK cryptocurrency has been making headlines in the ever-evolving world of digital assets. While cryptocurrency markets are known for their volatility, ARK has shown a steady upward trajectory, and there are compelling reasons behind this surge.