... economic growth, employment, and other indicators help the Central Bank make rate decisions aimed at achieving future stability. For example, if inflation growth is anticipated, the Central Bank may preemptively increase the rate to prevent excessive price growth. 8. Consumer Activity and Business Confidence Consumer and business behaviors are essential indicators for the Central Bank. If consumer activity declines and companies reduce spending, it can lead to decreased demand and economic slowdown. In these situations, the Central Bank may lower the rate to make credit more accessible and encourage consumption. Conversely, if consumption and business confidence increase, the Central Bank may raise rates to ...

... risk-premium asset . Scenarios for 2025 Base Case: confiscated BTC accumulate on balances without participating in trades; volatility decreases, and market supply remains unchanged. Infrastructure Expansion: reporting standards and custody enhance the legitimacy ... ... cybersecurity. Political Factor: changes in priorities may affect reserve management regulations. What This Means for Liquidity and Prices The absence of market purchases by the government alleviates expectations of “government demand” as a driver of prices....

... the index, reflecting the negative impact on the Russian economy. Recovery was gradual. 2010-2014: a period of relative stabilization and growth, largely due to high oil prices and increased investment. 2014-2016: geopolitical tensions and falling oil prices caused a significant decrease in the IMOEX value. Sanctions from Western countries also had a negative impact. 2017-2022: the period is characterized by volatility associated with fluctuations in oil prices, domestic economic reforms and geopolitical events. Both periods ...

... one of the ways to support regional budgets, which may face difficulties due to losses from corporate income tax. According to Rosstat data, the balance of profits and losses for wholesale and retail trade enterprises in the first four months of 2024 decreased by 51.7% compared to the same period in 2023, reaching 466.2 billion rubles (trade is one of the largest employers in the regions). At the same time, no one denies that the increase in excise tax rates affects fuel prices at gas stations. According to Gusev, the excise tax constitutes about 20% of the cost of gasoline and diesel fuel, meaning a 4% increase in excise taxes will inevitably result in a 1% rise in gas station prices. Tereshkin agrees with this and ...

... attracting new large players into DeFi. Technological advancements have also played a significant role – Ethereum network fees have decreased compared to their peak levels in previous years, partly due to the launch of Layer 2 solutions, simplifying access to ... ... Bored Ape Yacht Club, etc.) continue to be highly valued – individual items are sold for millions of dollars. However, average prices and trading volumes are far from peak levels: the current monthly turnover in the NFT market is about $600-700 million,...