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Read More »Crypto Prices Fall Ahead of Fed Rate Hike, Here’s What to Expect
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Read More »JPMorgan Chief Jamie Dimon Expects Interest Rates to Surge Past 5% amid Underlying Inflation
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Read More »BlackRock: Assets That Fell with BTC Won’t Recover This Year
Bitcoin, Ethereum, and other digital currencies hit rock bottom in 2022. Many of them crashed and experienced dips of 70 percent or more. Now, BlackRock – a famed investing firm – has stated that many assets and businesses that have moved in tandem with bitcoin and crypto are not likely to heal in the coming months, and that the Federal Reserve will not come to the rescue like they have with rate hikes. BlackRock Predicts Gloom and Doom for 2023 With talk of recession...
Read More »Euro Bullish Sentiments Abound as Region Appears Set to Hold Off Recession
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Read More »US Federal Regulators Issues Joint Statement on Risks Related to Crypto Assets to Banking Organizations
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Read More »Treasury Yields Climb as Investors Anticipate Better Market in 2023
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Read More »10-Year Treasury Yield Inches Higher as Market Awaits Key Personal Consumption Expenditure Report
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Read More »Crypto Prices Rise as Traditional Markets and Tech Stocks Decline
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Read More »Elon Musk Implores Fed to Cut Interest Rates or Risk Economy Tumbling into ‘Severe’ Recession
Tesla boss Elon Musk opines that the Fed’s attempts to stem inflation may inadvertently induce a full-blown recession.Elon Musk believes that the Federal Reserve must cut interest rates immediately or risk incurring a severe recession. The outspoken Tesla CEO made his opinion known in an early tweet Wednesday, which read:“Trend is concerning. Fed needs to cut interest rates immediately. They are massively amplifying the probability of a severe recession.” According to Musk, the Fed’s...
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