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About MAGA

MAGA (Solana) (MAGA) is a cryptocurrency launched in 2024. MAGA has a current supply of 10.00Bn with 0 in circulation. The last known price of MAGA is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at .
MAGA Price Statistics
MAGA’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3998
MAGA Market Cap
Market Cap
$0
Fully Diluted Market Cap
$617,104.87
MAGA Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
MAGA Supply
Circulating Supply
0
Total Supply
10.00Bn
Max Supply
0
Updated Sep 08, 2024 9:30 am
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MAGA
MAGA (Solana)
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Fed's Potential Rate Cut Amid Strong Economic Indicators
Fed's Potential Rate Cut Amid Strong Economic Indicators
According to Blockworks, there is ongoing confusion regarding the Federal Reserve's potential decision to cut interest rates in December, despite indicators suggesting a robust economy. The Atlanta Fed's GDPNow model forecasts a 3.3% real GDP growth rate for the fourth quarter, with signs of accelerating growth. Inflation appears to be rebounding, and financial conditions are as loose as they were during the buoyant period of 2021. Despite these positive economic signals, the Federal Open Market Committee (FOMC) maintains a 70% probability of cutting rates this December, leaving many puzzled. The primary reason for this anticipated rate cut is the Fed's prior guidance to the market, which suggested a December cut. Reversing this guidance could disrupt market expectations. The more intriguing aspect lies in the rationale behind this guidance, which is linked to the neutral interest rate, known as r*. Since r* cannot be directly measured, the Fed relies on models to estimate it. Two prominent models are used: the Lubik model, which is dynamic and statistical, and the Williams model, based on traditional macroeconomic principles. The Williams model, favored by the Fed due to its creator John Williams' current role as NY Fed president, suggests that monetary policy remains highly restrictive. In contrast, the Lubik model indicates that policy might already be neutral. Market signals, as observed in various economic indicators, suggest a highly accommodative policy environment, challenging the Williams model's assessment. This discrepancy has led to discussions among FOMC members about the true neutral rate, with some, like Austan Goolsbee, advocating for a more empirical approach to determining neutrality. Despite these debates, the FOMC appears committed to the Williams model, driven by bureaucratic inertia, making a December rate cut the likely outcome. This decision comes amid record-high market performances, further complicating the narrative of a restrictive monetary policy environment.
Dec 06, 2024 4:46 am

Frequently Asked Questions

  • What is the all-time high price of MAGA (Solana) (MAGA)?

    The all-time high of MAGA was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of MAGA (Solana) (MAGA) is 0. The current price of MAGA is down 0% from its all-time high.

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  • How much MAGA (Solana) (MAGA) is there in circulation?

    As of , there is currently 0 MAGA in circulation. MAGA has a maximum supply of 0.

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  • What is the market cap of MAGA (Solana) (MAGA)?

    The current market cap of MAGA is 0. It is calculated by multiplying the current supply of MAGA by its real-time market price of 0.

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  • What is the all-time low price of MAGA (Solana) (MAGA)?

    The all-time low of MAGA was 0 , from which the coin is now up 0%. The all-time low price of MAGA (Solana) (MAGA) is 0. The current price of MAGA is up 0% from its all-time low.

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  • Is MAGA (Solana) (MAGA) a good investment?

    MAGA (Solana) (MAGA) has a market capitalization of $0 and is ranked #3998 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze MAGA (Solana) (MAGA) price trends and patterns to find the best time to purchase MAGA.

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