inflation
What US Federal Reserve Interest Rate Cut Means for Global Markets
The upcoming interest rate cut by the U.S. Federal Reserve, anticipated during the Federal Open Market Committee (FOMC) meeting on September 17-18, 2024, is set to have significant implications for both the U.S. and global markets. The decision to lower the federal funds rate, which currently stands at a two-decade high of 5.25% to 5.50%, […]
2023 US Economic Overview: Income gains, inflation eases, poverty grows
The economic landscape of the United States in 2023 has been marked by significant developments, including income gains, easing inflation, and a troubling rise in poverty levels. This overview examines these key trends and their implications for American households and the broader economy. Economic Growth and Job Market Despite initial forecasts predicting a recession, the […]
China’s Risky Bet: Betting Against the US Dollar to Save Its Economy
China has been making a bold move in recent months, betting against the US dollar in an attempt to save its currency, the yuan, from further depreciation. However, this strategy is proving to be a costly one, with Chinese banks losing money on a global scale. The Weakening Yuan The yuan has been under immense […]
Navigating the New Landscape of Cryptocurrency Regulation in Argentina
Argentina has recently initiated significant reforms in its cryptocurrency regulation landscape, primarily driven by concerns about money laundering and the need for a structured legal framework. This shift comes amidst a backdrop of increasing cryptocurrency adoption in the country, largely due to economic instability, including high inflation and currency devaluation. Background Historically, Argentina has been […]