MacroSlate Weekly: Bitcoin shines through banking failures, bailouts

Macro Highlights
U.S inflation is too high for rate relief but mostly in line with expectations
ECB raised a further 50bps taking their deposit facility rate to 3%
Silicon Valley Bank files for chapter 11 bankruptcy
Credit Suisse and First Republic Bank continue to be provided with liquidity
Fed initiated stealth QE as balance sheet grows
Bitcoin Highlights
Bitcoin hits…

This story appeared on, 2023-03-18.
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