Macro data, crypto, and blockchain events this week

Macro data, crypto, and blockchain events this week

Watch out for R*!

By Tiffany Wang, WOO Network Analyst

The sentiment emanating from the annual Jackson Hole Symposium remains relatively balanced. Among the various topics, R* has captured investors’ primary attention.

What’s R*, and why is it important?

R* is the real neutral rate of interest that equilibrates the economy in the long run. It is the real interest rate, that is neither expansionary nor contractionary when the economy is at full employment. Consequently, comprehending and approximating R* holds paramount significance in the crafting of monetary policy. As discussed in previous weeks, investors anticipate an upward adjustment in the neutral interest rate.

Fed noted that if the pre-pandemic consensus R* was “relatively low with a wide uncertainty band,” it is now “relatively low with a huge uncertainty band.” Given that R* is a theoretical construct, precise determination proves elusive, and well-regarded models yield divergent estimations. Investors’ perspective tends to converge around the notion that the rate will likely remain elevated for a prolonged period.

Crypto and blockchain events this week (Aug 28th ~ Sep 1st)

Meanwhile, here are the biggest crypto and blockchain events happening around the world this week so that you can stay informed.



City, Country

Event link

Stanford Blockchain Conference

28 ~ 30 Aug

California, US

6th Cryptocurrency Research Conference (CRC2023)

28 ~ 29 Aug

Rue Hubert Clerissi, Monaco

6th Cryptocurrency Research Conference (CRC2023)

The Science of Blockchain Conference 2023 (SBC’23)

28 ~ 30 Aug

Stanford, US

The Science of Blockchain Conference 2023 (SBC’23)

DeFi Retreat US

29 ~ 30 Aug

New York, US

DeFi Retreat US

ETH Warsaw

30 Aug ~ 3 Sept

Warsaw, Poland

ETH Warsaw

The content above is neither a recommendation for investment and trading strategies nor does it constitute an investment offer, solicitation, or recommendation of any product or service. The content is for informational sharing purposes only. Anyone who makes or changes to their investment decision based on the content shall undertake the result or loss by himself/herself.

The content of this document has been translated into different languages and shared throughout different platforms. In case of any discrepancy or inconsistency between different posts caused by mistranslations, the English version on our official website shall prevail.

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