Economist Predicts the Fed’s Response to Inflation Will Push Crypto Higher
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Allianz Chief Economic Advisor Mohamed El-Erian says that the Federal Reserve’s response to inflation will cause the prices of cryptocurrencies, like bitcoin, to “go higher.” He noted: “That’s what…
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While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member... [[ This is a content summary only. Visit my website for full links, other content, and more!…
Goldman Sachs’ economists now see an increased risk of a U.S. recession. “We are increasingly concerned that the Fed will feel compelled to respond forcefully to high headline inflation and consumer... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…