Analysts: Inflation will go down, act accordingly

If nothing extraordinary happens, the Federal Reserve will raise interest rates and implement “quantitative tightening”, that is to withdraw liquidity from the market, in its fight against the high inflation rate. The question is if Fed’s measures will be enough to push back inflation to normal levels? According to a blogpost from analysts Bitmex Research,…

Report: Crypto fundamentals are stronger than ever

2022 crypto markets didn’t get off to a positive start as asset prices have fallen sharply since the new year, a decline that already began in November last year. Since all-time-highs, bitcoin (BTC) and ether (ETH), the leading cryptocurrencies by market cap, are down 45 and 48.2 percent respectively. Over the past 30 days, the…

Sweden’s inflation rate at a 29 year high, “transitory”

Inflation is on the rise in many parts of the world. On Wednesday, The U.S. Federal Reserve reported a CPI inflation of 7.0% for December. Following this trend, the inflation rate of the Swedish krona SEK rose to 4.1% in December, a strong increase from November’s inflation rate of 3.6%. These levels of inflation have…