Economy | Fed’s hiking rates to 5% or 5.25%. Then will fed starts QE5?

It has been a very eventful last week as the world witnessed. Bitcoin fell nearly 14% to below $16,000 after the near-collapse of Sam Bankman-Fried’s FTX, one of the world’s largest Crypto Exchanges, prompted a broad sell-off in Crypto assets. 

Inflation goes down to 7.7% in USA, markets got excited and equities rallied. UK is officially in recession and Europe is struggling with higher energy prices.