Powell’s Interest-rate Antibiotics Could Succeed
The Fed's battle against inflation could lead to overcorrection, but the same mechanism that’s reining in the economy is creating headroom for revitalizing it if things do go south. Source
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Powell’s Interest-rate Antibiotics Could Succeed, But Not Without Risk
On the other hand, it’s an open question just how much confidence we should gain from the lack of catastrophe “so far.” The battle against inflation is far from over. Arguably, it has barely begun. Gentle economic declines can become sudden, vacuumous sinkholes without much warning – and the risks
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First Mover Americas: Bitcoin Back Over $19K as ECB Goes for Record Interest-Rate Hike
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 8, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
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Bitcoin Unaffected by Bank of England’s Super-Size Interest-Rate Hike
The bitcoin mining difficulty ribbon, comprising short- and long-duration simple moving averages on the mining difficulty, has compressed for the first time in over a year, indicating miner capitulation. The previous bear markets, including the one seen in 2014, ended with the ribbon compression, data provided by analytics firm Glassnode
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