5 / 5 Relevant items tagged with #Recession

Posts

Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

[Jan 9, 2023 9:00 AM] The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target…

Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

[Dec 22, 2022 9:30 AM] Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week…

Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning

[Dec 13, 2022 2:30 AM] Blackrock, one of the largest asset management companies in the world, has warned that 2023 will be a year of recession different from other recessions in the past. As part of its recently issued 2023 Global Outlook report, Blackrock states that a…

Bitcoin price liquidation risk increases as BTC struggles to reclaim $18K

[Dec 10, 2022 2:00 PM] Leveraged long margin traders are playing with a hot potato, and with BTC struggling at $17,000, they might get burned sooner than later.

Bitcoin options data shows bulls aiming for $17K BTC price by Friday’s expiry

[Dec 7, 2022 1:12 PM] BTC bulls could secure a $130 million profit in the Dec. 9 options expiry, but bears aim to balance the scales by keeping Bitcoin price below $17,000.

‘Big Short’ Investor Michael Burry Warns of Extended Multi-Year Recession in US

[Dec 1, 2022 8:30 PM] Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned about “an extended multi-year recession” in the U.S. He believes there isn’t a strategy to pull us out of “this real…

Elon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates Immediately

[Nov 30, 2022 6:30 PM] Tesla CEO and Twitter boss Elon Musk has warned of a severe recession in the U.S. The billionaire stressed that the Federal Reserve needs to cut interest rates “immediately,” emphasizing that the Fed is “massively amplifying the…

5 reasons 2023 will be a tough year for global markets

[Nov 12, 2022 1:32 PM] From inflation to energy shortages and general instability, markets are set for a turbulent year ahead.