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Fed’s Logan signals at least two rate hikes this winter to curb inflation

By Estefano Gomez

Aggressive rate hikes could tighten financial conditions, impacting borrowing costs, consumer spending, and economic growth prospects. The post Fed’s Logan signals at least two rate hikes this winter to curb inflation appeared first on Crypto Briefing.

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Federal Reserve

The central bank of the United States, which sets US interest rates and supervises banks.

Because the dollar is used worldwide, its rate decisions affect borrowing costs and markets in many other countries.

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Inflation

The rate at which the general level of prices for goods and services rises over time, usually measured over twelve months.

When prices rise faster than wages, households can buy less with the same income, and central banks may raise interest rates in response.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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