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As inflation slows, the European Central Bank (ECB) may halt future rate hikes, with the upcoming staff projections and rate decision playing a crucial role in determining the bank’s approach. Central banks across the world have been hiking interest rates in order to tame the soaring inflation. However, as inflation shows
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The next Federal Reserve meeting slated to take place between March 21-22. The world’s largest asset manager, BlackRock, has weighed in on the subject of interest rate hikes by the US federal reserve. According to BlackRock, upcoming federal reserve decisions are likely to see the rates increase by almost 6%. Per
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Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain for consumer demand.” Expecting a slowdown in consumer demand to “lead to an outright recession,” the bank’s economist cautioned that “additional Fed hikes would also mean more
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The author of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “great depression on steroids,” if the Federal Reserve continues to hike interest rates. He believes that eventually the Fed “will be forced to pivot.” Jeff Booth Warns About Danger of Continued Fed Rate Hikes The
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Increasing the DAI savings rate would make Maker’s stablecoin more competitive among rivals and help mitigate capital outflow from crypto to traditional financial markets, MakerDAO contributors said. Source
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Deutsche Bank has updated its recession forecast. The bank’s economists now see “an earlier and somewhat more severe recession” than previously predicted. “The Fed has undertaken a more aggressive hiking path, financial conditions have tightened sharply and economic data are beginning to show clear signs of slowing,” said the economists. Deutsche
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