The following is from a recent edition of Deep Dive, Bitcoin Magazinepremium market awards bulletin. To be one of the first to receive these statistics and other bitcoin market analysis in your inbox, subscribe now.
With the S&P 500 continuing to hit seemingly near-daily highs, with the latest 5% correction that occurred 10 months ago, Federal Reserve authorities have begun talking again to begin reducing buy-in programs. assets. Robert Kaplan, president of the Dallas Fed, proves to be among the strongest voices. The following are all yesterday’s tweets Walter Bloomberg:
In the spirit of the recent taper talk, we wanted to re-post our thoughts on a Fed taper that we originally posted on May 29 this year.
“The objectives of the Federal Reserve’s monetary policy are to foster economic conditions that achieve stable prices and maximum sustainable employment.”
In the mandate of the Federal Reserve, there are two stated objectives for its monetary policy:
- Stable prices
- Maximum occupancy
With these two stated goals, the Fed is implicitly telling the market that any reduced talk is complete nonsense, and that is why:
The whole economic system is based on credit and, in order to maintain full employment and stable prices (i.e., “2% inflation target”), credit cannot be allowed to contract.
We delve into some recent trends in the real estate market by context:
Median prices for single-family homes have risen 14.6% year-on-year, fueled by record low mortgage rates over the past 18 months.
