Tag Archives: fed

The American Central Bank gives in to political pressures

× Photo: Official White House Photo by Erin Scott Yesterday (27), the Federal Open Market Committee (FOMC) of the American central bank, the Fed, met to decide the new interest rate level, continuing the upward movement that came as a reaction to inflationary levels not seen in more than four …

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Biden’s record inflation threatens Democratic re-election

× Photo: Official White House Photo by Adam Schultz With the release of official US inflation data at 1.3% per monthaccumulating a up 9.2% in the last 12 monthsthe markets reacted sharply: the dollar appreciated due to the expectation of higher interest rates (two increases of 75 basis points in …

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Bitcoin drops to new 18-month low – 06/15/2022 – Market

Bitcoin tumbled Wednesday to a fresh 18-month low, dragging smaller digital assets and deepening a market meltdown triggered by U.S. cryptocurrency bank Celsius this week, which froze customer withdrawals. The world’s biggest cryptocurrency dropped 7.8% to $20,289, the lowest since December 2020. Bitcoin has already dropped about 28% since Friday …

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