Bitcoin steadies above $64,000 as US PCE inflation surpasses expectations, with March's rising 0.5% and yearly inflation hitting 2.7%.
US CPI in March exceeded expectations, with inflation reaching 3.5%, raising concerns about inflationary pressures.
Fed Chair Powell hints at a departure from Federal Reserve rates, considering potential cuts due to faster-than-expected inflation easing.
Fed Chair Jerome Powell cautioned against complacency in addressing inflation and emphasized the central bank's commitment to cautious policy adjustments.
The Federal Open Market Committee (FOMC) is anticipated to maintain the benchmark fed funds rate within the 5.25%–5.50% range. This…
In August, the non-seasonally adjusted CPI annual rate in the United States was 3.7%, somewhat higher than expected.
According to reports, during the July session of the Federal Open Market Committee (FOMC), a consensus emerged among most members…
Key Points: The Fed is still likely to raise rates by 0.25% again at the end of July after skipping…
Federal Reserve Chairman Jerome Powell is scheduled to speak before the Senate Banking, Housing, and Urban Affairs Committee on Thursday…
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