Swiss Economicblogs.org
The ‘Fed put’ – gone until there’s blood in the streets Well, it’s happening. Bitcoin (and other cryptocurrencies are sharply down, along with equity markets in many advanced economies. And the Federal Reserve (the U.S. Central Bank) statement and press conference on Wednesday didn’t indicate any backing down from raising interest rates, maybe as soon as the March meeting. The Fed’s stance pivot from ‘the economy needs additional stimulus’ to ‘it is time to start...
Read More »The ‘Fed Put’ – Gone Until There’s Blood in the Streets
