The queen of the bull market faces her toughest test
FT News Briefing
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Intro
This chapter discusses significant financial events on December 15th, including the Federal Reserve's intensified approach to combat inflation and a British regulator's critique of deceptive cryptocurrency marketing. It examines the consequences for firms like Coinbase and eToro while detailing the Fed's strategy to accelerate its asset purchase reduction in anticipation of interest rate increases.
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Transcript
