Markets are bracing for several big interest rate moves this week. Tech IPOs have gone AWOL, and we'll take a look inside Celsius Network. The multi-billion-dollar cryptocurrency lender that's now in bankruptcy.
Markets are increasingly betting on policymakers raising borrowing costs higher and faster, an FT-IGM survey shows economists expect the US central bank will lift its benchmark policy rate above 4 per cent and hold it there beyond 2023, and the market downturn has sparked the longest tech IPO drought in more than 20 years. Plus, the FT’s Kadhim Shubber talks about his investigation into the fall of high flying cryptocurrency lender Celsius Network.
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