U.S. equities rallied following the FOMC’s 75 bps hike in interest rates, only to crash as Fed Chair Powell hinted at higher-than-expected terminal rates.
Central banks are trying to keep yields from exploding higher while they hike rates to fight inflation. Who will step in to buy bonds in current conditions?
The United Nations released a report demanding central banks change course and OPEC decided to cut their production quotas by 2 million barrels per day.
Ansel Lindner explains the thinking behind the chess moves of the biggest powers in the world and what these moves mean for bitcoin and global markets.
The FOMC increased interest rates by 0.75 percentage point while indicating ‘unusually large’ hikes may be appropriate in future meetings; Bitcoin’s price jumps.
PREDICT BITCOIN