The Ethereum Cancun upgrade is expected to be activated on the mainnet in about 10 hours
BlockBeats News, March 13th, according to the official blog of the Ethereum Foundation, the Ethereum Cancun upgrade is expected to be activated on the mainnet at 21:55 Singapore time on March 13th, 2024. Less than 10 hours remain.
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Deutsche Bank: After the three major central banks hiked rates simultaneously, the market may once again underestimate the terminal interest rate
Deutsche Bank points out that as central banks in the US, Europe, and Japan are tightening policy simultaneously, the market may still be underpricing the eventual terminal rates. With oil prices remaining high, inflation may spill over into core inflation and wages. Moreover, financial conditions have not tightened in tandem, which could weaken the effect of rate hikes. Citing the experience of 2022, Deutsche Bank notes that the market then expected a total of around 200 basis points of Fed rate hikes in the first year, but the final figure exceeded 400 basis points, illustrating that the market often underestimates the terminal rate.
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