Bitcoin, XRP, Dogecoin Decline 2% On Hotter-Than-Expected Inflation Print
With Bitcoin‘s (CRYPTO: BTC) price struggling and U.S. inflation data exceeding expectations, market analysts recommend that ...
January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
New inflation data out Wednesday showed consumer prices rose more than forecast in January as core prices reversed last month's easing with the Federal Reserve's path forward in focus. The latest data ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
US Consumer Prices Increase More Than Expected in January
Excluding the volatile food and energy components, the CPI climbed 0.4% in January. The so-called core CPI increased 0.2% in ...
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US stocks fall as inflation unexpectedly heats up
US stock markets tumbled on Wednesday as an inflation reading came in hotter than expected, fanning fears that the Federal ...
America’s debt cannot keep stacking up, says Jeffrey Gundlach
America’s sovereign-debt spiral has been building since Washington embarked on large budget deficits in the 1980s. As the tab rose from about 30% of GDP towards 100% in the 21st century, the Treasury ...
A Digital Dollar From the Fed? Not On Jerome Powell's Watch
Federal Reserve Chair Jerome Powell said the central bank will not launch its own digital currency while he is in charge of the central bank.
Fed's Williams says monetary policy is in right place to achieve Fed goals
Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should ...
Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.
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Powell says Fed ‘well positioned’ for ‘risks and uncertainties’ that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
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Fed Money Printing Likely What Spurs Ethereum and Altseason, According to Analyst Benjamin Cowen
Closely followed crypto analyst Benjamin Cowen says that a shift in monetary policy will most likely be what finally triggers an "altseason," or a period where altcoins vastly outperform Bitcoin (BTC) ...