Gold, that old hedge against inflation, faces near term volatility due to global events and us interest rate shifts, but its medium-term prospects shine with an imminent easing of the rate cycle - Issue Date: Apr 14, 2024
The price of the world’s largest cryptocurrency hit an all-time high of $68,789 in November 2021 before crashing to $15,760 in December 2022. It’s now back around $50,000, but why?
US inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming months.