Lookonchain APP

App Store

Point of View: The Federal Reserve Has Over-Eased, with a 65% Chance of Stagflation in the United States

2025.04.18 15:48:23

On April 18th, Adam Posen, who has held positions in the Federal Reserve and the Bank of England, stated in a speech this week, "We may be on the verge of a recession or we might not. Nevertheless, in either case, we will be confronted with inflation." Posen, currently serving as the President of the Peterson Institute for International Economics, wields significant influence. He believes that there is a 65% probability of a recession. Regarding the Fed, Posen thinks that given the still relatively high level of inflation, it has cut interest rates too vigorously. Once prices start to rise again, the Fed may not be able to keep pace with the changes. As a consequence, the Fed may be compelled to raise interest rates rapidly and significantly, thereby placing additional stress on the economy. If all these scenarios were to come to pass, Posen said that repairing this damage could take several years or even longer. (FXStreet)
Relevant content

TRUMP crypto token surges over 22.4% in 24 hours, while MELANIA gains more than 10.53% in the same period.

According to HTX market data, US presidential-themed meme coins continue to surge. Specifically: TRUMP rose over 22.4% in 24 hours, breaking through $2.9; MELANIA gained more than 10.53% in the same period, with its market cap exceeding $117 million. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investors should exercise caution.

13 minutes ago

CZ sets tone on crypto-stock meme craze: Fresh and interesting.

A community user asked CZ about his views on the memestock craze, pointing out that in this model, meme coins are paired with tokenized stocks, which brings inherent utility to meme coins. CZ replied: "This is certainly novel and interesting, but it is necessary to ensure that issuers can actually fulfill their obligations."

13 minutes ago

Meme coin CYBERLEEK, issued by the GTA6 hacker, surged over 14 times in a single day, briefly hitting a $25 million market cap.

According to GMGN monitoring, Solana ecosystem meme token CYBERLEEK briefly surpassed a $25 million market cap, hitting a new all-time high, with a 24-hour price surge of over 14 times and 24-hour trading volume of $36.1 million. The token was launched by a hacker group calling itself Cyberleek, which leaked gameplay clips of *GTA 6* to release the Solana-based meme coin CYBERLEEK. The group claimed it would publish a PC download client for *GTA 6*, allowing everyone to play the $2 billion blockbuster game for free (this client claim has since been debunked). On August 22, Cyberleek publicly burned approximately 270 million developer-reserved tokens, accounting for around 27% of the total supply, calling it "proof that it would not dump and run." However, the group still retains a large number of tokens and continues to profit from transaction fees. BlockBeats reminds users that meme tokens often lack real use cases, experience significant price volatility, and caution is required when investing.

13 minutes ago

Base ecosystem token POD surges over 23.7%, market cap surpasses $264 million

According to GMGN monitoring, Base ecosystem token POD (dphn.ai) recorded a sharp 23.7% rebound today, with its price surging over 45% in the past three days, pushing its market capitalization above $264 million. Yesterday, Coinbase added BASECAT, DRB, POD and GRASS to its asset listing roadmap. BlockBeats reminds users that token prices are highly volatile, so investment requires caution.

13 minutes ago

The altcoin market maintains its upward momentum, with AAVE surging past $130, while ZRO, DGB, STX, and PUMP lead the gains.

According to HTX market data, the altcoin market maintained its upward trend over the weekend, with multiple tokens posting strong gains. Top performers include: ZRO up 20.40% in 24 hours, trading at $1.198; DGB rose 18.47% in the same period, at $0.00494; STX gained 16.24%, priced at $0.2341; PUMP jumped 15.67% to $0.005314; FF added 14.18%, trading at $0.08578; ENA up 11.68%, now at $0.1760; ETHFI rose 9.27%, at $0.6374; MORPHO gained 8.47%, priced at $2.433; PENDLE up 7.25%, trading at $1.775; YB added 7.09%, at $0.0967; SAGA jumped 6.71%, now at $0.01527; XPL rose 6.65%, priced at $0.10437; BOME gained 6.33%, trading at $0.0012187; AAVE up 5.53%, at $132.6.

13 minutes ago

Michael Saylor: The most remarkable breakthrough of Bitcoin is the conversion of economic resources into digital form.

MicroStrategy founder Michael Saylor said Bitcoin’s most remarkable breakthrough lies in its ability to convert economic resources into digital form and securely link them to individuals, households, companies, machines, or nations.

13 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano