Part 1 Beginner Why long-term crypto holders borrow against assets instead of selling A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto Open guide 
Depicting Powell’s speech: Higher for longer
Dot plot projections suggest two further 25bps rate hikes in 2023
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
Quick Take
- The Fed was somewhat clear with their projections suggesting two further 25 bps rate hikes this year.
- However, the market is currently pricing in one 25bps hike in July and then holding for the remainder of the year.
- A chart created by hedge fund project manager, Super_Macro shows the Summary of Economic Projections, most notably a large upward revision to expected growth this year but a downward revision to unemployment.
- Super Macro further says that 50% of the eighteen officials projected that the fed funds rate would end this year at 5.625%.
Market Cap $1.63T
24H Volume $39.35B
