According to Trading Economics, the current consensus on the June inflation rate, or CPI, is 8.7%, slightly higher than May’s 8.6%.After raising interest rates by 75 basis points in June, one of the most significant monthly increases in 28 years, interest rates are expected to increase further following the Federal Open Market Committee meeting later this month.
Interest rate hikes are one of the primary tools used by the Federal Reserve and the U.S. Central Bank to manage inflation by slowing down the economy. Increased interest rates lead to increases in borrowing costs, which can discourage consumer and business spending, and lending., such as crypto, as investors can start to earn decent returns just by parking their money in interest-bearing accounts or low-risk assets.
This month, the FOMC is expected to decide whether to impose a 50 or 75 basis point hike. Charlie Bilello, founder and CEO of Compound Capital Advisors, placed his bets on the higher amount.-Sep: 50 bps hike to 2.75%-3.00%June 28, 2022On July 28, the U.S. Bureau of Economic Analysis will release an advance estimate of the United States’ GDP for the second quarter of 2022.
After registering a -1.6% GDP decline in Q1 2022, Atlanta Federal Reserve’s GDPNow tracker is now expecting a -2.1% decline in GDP growth for Q2 2022. A second consecutive quarter of GDP decline would place the United States into a “technical recession.”
I try to analyze everything on BFX but it's quite hard to predict the future
Cpi is worthless number with our knowing PPI. PPI cpi inflation still accelerating. CPI PPI inflation slowing.
most 'investors' are just traders speculating on price action lmao. Investing is when you trust a project, research it, and try your best to stay committed to it through the journey. This is what I'm trying to match with Polygon, as I see them push harder into zk technology
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The crypto industry needs a crypto capital market structureThe recent weeks in the markets have highlighted matters that require attention, and it seems the DeFi industry needs a sound market structure independent from the current transactional systems. An interesting perspective. Though ultimately the “elephant in the room” is whether the replication of traditional legacy finance within the context/environment of the Cryptosphere should ever have happened, given its being completely antithetical to the original Crypto ethos!? defi needs a ton of work, there's no way about it. I see Polygon and a bunch of others do a lot to help, but the path is long and winding albeit fruitful in the end. Matic's work within zk has already been commendable, and their carryover into DeFi could be a game changer That was great
Source: Cointelegraph - 🏆 562. / 51 Read more »
July 4th fireworks 2022: Where to watch Fourth of July fireworks, parades, concerts in N.J.Here's a look at Fourth of July events taking place in New Jersey on July 4, 2022.
Source: njdotcom - 🏆 282. / 63 Read more »
Police identify person of interest in July Fourth parade shootingA person of interest was identified by authorities in connection to the deadly shooting at an Independence Day parade in Highland Park, Illinois, north of Chicago. He resembles the Boston Marathon bomber. So much soy Why American people do not feel safe and need to equip themselves with weapons to protect themselves? It is so different compare to other peaceful countries. Does the country's police and military so weak that can not guarantee the safety of its citizen?
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Person of interest named in manhunt after Fourth of July parade shootingThe gunman killed at least six people and wounded at least 30. Police say hundreds of marchers, parents with strollers and children on bicycles fled in terror. Update: Officials say the person of interest is in custody.
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4th Of July Parade Shooting Person Of Interest Is Chicago-Area Rapper; Videos Have Shooting ImageryThe person of interest identified by authorities in the Fourth of July parade shooting is a Chicago-area rapper. Deadline will not identify him. One of his music videos, for the song “Toy Sol… This was from one of his (now deleted) music videos. Hope he doesn’t get the ending he was clearly fantasizing about and actually pays for his crimes.
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Illinois July Fourth Parade Mass Shooting Person of Interest ArrestedAt least six people were killed Monday morning in a shooting at Highland Park’s Independence Day parade in Illinois. A suspect has been arrested. Let's call the massacres of our spouses, our children, our mothers, our fathers, our sisters, our brothers, our neighbors and friends, in dishonor of those most responsible. July 4, 2022. The Sam Alito Highland Park Massacre.
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