Search Results for: Bloomberg Economics

Economist Peter Schiff Warns of Stagflation in US Economy — Says ‘It’s Going to Get Worse’

durch

Economist Peter Schiff has warned that the U.S. economy is facing stagflation and the situation is going to get worse. “Not only is the economy weakening, but inflation is strengthening,” betonte er, betonen: “You have the worst of both worlds.” UNS….

Rohstoffstratege warnt US-Wirtschaft vor „schwerer deflationärer Rezession“

durch

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has warned that the U.S. economy is “heading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity in the past, einschließlich des Erwerbs von Bitcoin oder Bitcoin-Mining-Maschinen.…

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

durch

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. zusätzlich,…

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

durch

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. Zur selben Zeit, the cycle with the highest hikes may soon be over, the officials indicated. End of…

China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says

durch

An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S….

‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

durch

Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signaturbank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable…

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

durch

Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector…

Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion

durch

UNS. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all deposits of Silicon Valley Bank and Signature Bank after…

Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges

durch

Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in peer-to-peer deals, the analysis…

Milliardär Tim Draper drängt Sri Lanka zur Einführung von Bitcoin – Zentralbank sagt: „Wir wollen die Krise nicht verschlimmern“

durch

Berichten zufolge hat der milliardenschwere Investor und Risikokapitalgeber Tim Draper versucht, die srilankische Regierung davon zu überzeugen, Bitcoin einzuführen. jedoch, Der Gouverneur der Zentralbank von Sri Lanka lehnte seine Empfehlung ab, betonen: “Adoption of 100% bitcoin won’t be a Sri…