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Tag: Inflation

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In inflation-torn Argentina, locals use ‘crypto caves’ — and avoid Bitcoin

Argentines are using secret peer-to-peer crypto exchanges to buy U.S. dollar stablecoins as inflation continues to soar. Argentines are using black market exchanges, known locally as “crypto caves,” to buy U.S. dollar stablecoins in a bid to escape strict currency controls and triple-digit inflation of the Argentine peso (ARS), and are reportedly shunning Bitcoin  due…
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Inflation Uncertainty Leads Fed To Expect A 0.25% Rate Increase This Week

Central issues: The Federal Reserve is still liable to raise rates by 0.25% again toward the finish of July subsequent to skirting last month’s rate climb multiple times over the course of the last year. Some Took care of policymakers and business analysts stress that the drop in expansion will be transitory. The fixing work…
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