inflation

US Core CPI Data Shows Inflation Cooling, Bitcoin Backs Above $59,000

June's US core CPI data showed inflation eased to 3%, beating Wall Street expectations and marking a significant drop from…

4 months ago

Fed Interest Rate Cut Is Positively Forecasted To Take Place By The End Of 2024

Minneapolis Federal Reserve President Neel Kashkari indicated a potential Fed interest rate cut in December.

5 months ago

US PCE Inflation Continues to Increase by 2.7%, Bitcoin Stabilizes At $64,000

Bitcoin steadies above $64,000 as US PCE inflation surpasses expectations, with March's rising 0.5% and yearly inflation hitting 2.7%.

7 months ago

US CPI In March Soars To 3.5%, Fed Rate Cut Prospects Decline

US CPI in March exceeded expectations, with inflation reaching 3.5%, raising concerns about inflationary pressures.

8 months ago

Federal Reserve Rates Likely to Fall Deeply in 2024

Fed Chair Powell hints at a departure from Federal Reserve rates, considering potential cuts due to faster-than-expected inflation easing.

11 months ago

Fed Chair Jerome Powell Issues Warning About War Against Inflation

Fed Chair Jerome Powell cautioned against complacency in addressing inflation and emphasized the central bank's commitment to cautious policy adjustments.

1 year ago

Options Traders Brace For Fed’s Decision: Anticipating Interest Rate Hike Signals

The Federal Open Market Committee (FOMC) is anticipated to maintain the benchmark fed funds rate within the 5.25%–5.50% range. This…

1 year ago

U.S. Inflation Exceeds Expectations: CPI Annual Rate Hits 3.7% In August

In August, the non-seasonally adjusted CPI annual rate in the United States was 3.7%, somewhat higher than expected.

1 year ago

FOMC Minutes: Inflation Fears Drive Federal Reserve’s Call For Additional Rate Hike

According to reports, during the July session of the Federal Open Market Committee (FOMC), a consensus emerged among most members…

1 year ago

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