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

Tokenized Pokémon Card Sales Soar Over 10x in One Year, CARDS Market Cap Surpasses $580 Million

On June 15, data from GMGN shows that CARDS—the token for Collector Crypt, an entity card trading platform built on the Solana ecosystem—has seen a sharp value surge, jumping from $200 million in early May to over $580 million. The token also recorded a roughly $5.4 million trading volume in the past 24 hours. The on-chain, tokenized Pokémon card market has exploded in growth. In May, the top seven platforms in this segment generated $230 million in capsule toy sales, more than 10 times the $32 million they pulled in during the same period last year. The main catalyst behind this boom is the capsule toy machine model: users put in funds to get random NFT card backs, replicating the physical trading card pack-opening experience while offering instant liquidity. Collector Crypt founder Tuom Holmberg said capsule toy machine operations make up 90% to 95% of the company’s business. Since launching 18 months ago, the platform has racked up over $1 billion in total sales. To ease market wo

8 minutes ago

An address is holding 1661 XAUT gold tokens, worth $7.15 million

On June 15, on-chain analyst Ai (@ai_9684xtpa) reported that address 0x34F…bEe46 withdrew 1,661 XAUT gold tokens from OKX, totaling $7.15 million, which now serves as that address’s top-held asset.

8 minutes ago

An address has accumulated 85,000 HYPE tokens in the past three days, worth $5.6 million.

June 15 – Per OnchainLens monitoring, a newly created crypto wallet address transferred 85,000 HYPE tokens (valued at $5.6 million) from Bybit over the past three days. The address in question is 0x008d9A5fc10072F1C1fF422428F6f8552daE295f.

8 minutes ago

A certain whale went long 5x with about $54.98 million in ETH, with a liquidation price of $1365.57.

On June 15, monitoring from Onchain Lens shows that a crypto whale with an Ethereum (ETH) address starting with 0x913 opened a 31,957 ETH long position with five times leverage, valued at approximately $54.98 million, carrying a liquidation price of $1,365.57.

8 minutes ago

The Euro Rises to Near One-Week High Against the Dollar as Trader Hits Limit Shorting Euro Forex with 16x Leverage

June 15. Per Hyperinsight’s monitoring, driven by a weakening U.S. Dollar Index and rising market risk appetite, the EUR/USD exchange rate briefly rallied 0.46% this morning to hit a nearly one-week high of 1.162. On Hyperliquid, a trader opened a 16x leveraged short position on EUR/USD today, with a position size of roughly $620,000 and an average entry price of 1.161. Separately, this wallet previously held a 16x leveraged long position on USD/JPY valued at around $430,000, signaling an overall bullish outlook on the U.S. dollar. From a news angle, de-escalating U.S.-Iran tensions have pushed oil prices down, further pressuring the U.S. Dollar Index. Last week, the European Central Bank implemented its first interest rate hike in nearly three years and raised its 2026 inflation projections—a step that provided modest support for the euro. Wallet Address: 0x9860d22febd4c46985af95fe7a8dbee7a6c55d19

8 minutes ago

Hong Kong Stock Market Close: Smart Spectrum Soars Over 32.5%, MINIMAX-W Up 6.7%

June 15 Hong Kong Stock Market Closing Update: The Hang Seng Index advanced 0.5% and the Hang Seng Tech Index climbed 1.28%. Large-cap concept stocks saw SmartBrain surge over 32.5% while MINIMAX-W rose 6.7%. PlumAI officially made its debut on the main board of the Hong Kong Stock Exchange today. Its ticker symbol LLM, coinciding with "Large Language Model," sparked market banter and hype, closing 193% higher on its first trading day.

8 minutes ago