The Fallacy Of Taper Talk
With its stated mandate goals, the Fed is implicitly telling the market that any taper talk is complete nonsense.The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.“The monetary policy goals of the Federal Reserve are to foster economic conditions that achieve both stable prices and maximum sustainable employment.” In the Federal Reserve's mandate, there are two stated goals for their monetary....
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This episode of "Fed Watch" covered the global macroeconomic latest, Fed taper and, of course, Bitcoin.
Today’s low interest rate climate is one that further reduces the opportunity cost of holding base, fiat money — a fallacy fixed by Bitcoin.
Discussing how potential tapering by the Federal Reserve, economics in China, U.S. legislation and more through a Bitcoin lens.
A report issued by the Huobi Research Institute, the investigative arm of the Asian exchange, examines the effect that upcoming changes of U.S. Federal Reserve policy could have on the price of cryptocurrencies. The report, titled “Taper Landed: The Turning Point of The Cryptocurrency Market is Coming,” states that due to the upcoming tapering, the continued growth of high-risk assets (including cryptocurrency) could be difficult to maintain.
Huobi Report Examines Fed Taper Effects
Huobi Research’s latest report, titled “Taper Landed: The Turning Point....
Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset purchases) and end the program by March 2022. Moreover, the FOMC members decided to keep interest rates at zero but expect at least three rate hikes next year.
Federal Reserve Outlines Asset Purchase Tapering Plan and Rate Hikes for 2022
Since the onset of Covid-19 in the United....