The July U.S. consumer price index (CPI) saw a slight increase of 0.2%, while consumer spending also rose modestly, despite weak job market figures. This suggests potential for […]
U.S. Inflation Rate Falls to 4.8% in August
The United States’ one-year inflation rate has been finalized at 4.8%, slightly lower than the predicted 5% and marking a decline from the previous value of 4.90%. This […]
U.S. Commerce Department Partners with Chainlink to Integrate Economic Data on Blockchain
The U.S. Department of Commerce has collaborated with Chainlink and Pyth Network to securely integrate official economic data directly onto blockchain networks. This groundbreaking initiative marks the first […]
11 Candidates Emerge as Potential Replacements for Jerome Powell at the Fed
Recent discussions surrounding the potential replacement of Jerome Powell as Chairman of the Federal Reserve have surfaced, revealing a list of 11 individuals considered by U.S. Treasury Secretary […]
NY Fed’s Williams Open to September Rate Cut
John Williams, President of the New York Federal Reserve, expressed openness towards a 25 basis point interest rate cut at the upcoming September Federal Open Market Committee meeting. […]
US Department of Commerce to Publish GDP on Blockchain
The US Department of Commerce will publish Gross Domestic Product (GDP) data on a blockchain, marking a significant step towards modernizing government data transparency and increasing efficiency in […]
UBS Forecasts USDJPY Ceiling at 148-150, Potential for JPY Strength
UBS predicts a crucial ceiling for the USDJPY pair at 148-150. This projection is based on their analysis of global economic factors, including interest rate differentials, central bank […]
U.S. Government to Publish Economic Data on Blockchain
The U.S. Department of Commerce is pioneering a move to publish economic data, including GDP figures, on a blockchain platform. This signifies a groundbreaking step in federal data […]
Economic Uncertainty Weighs on Crypto Market
Recent economic uncertainties have led to volatility in the cryptocurrency market as investors grapple with shifting trends. This is particularly evident in Bitcoin’s recent decline below $110,000, triggered […]
Will U.S. Economic Data Determine Crypto’s Momentum This Week?
This week, investors will be closely watching upcoming U.S. economic releases that may significantly impact the cryptocurrency market’s trajectory. Consumer confidence, jobless claims, and PCE inflation are key […]
Max Keiser Predicts Bitcoin Price Surge to $2,200,000 Amid U.S. Debt Concerns
Bitcoin advocate Max Keiser predicts the cryptocurrency could reach $2,200,000 due to growing concerns over U.S. debt and increasing institutional interest. His forecast, shared on Twitter, suggests Bitcoin’s […]
Harvard Economist Rogoff Recalibrates Bitcoin Prediction, Spotlights Regulatory Impact
Harvard economist Kenneth Rogoff has revised his 2018 Bitcoin prediction, admitting he underestimated the cryptocurrency’s potential due to underestimating regulatory actions and illicit activity. His original forecast of […]
Crypto Market Outlook: What to Expect This Week
Crypto markets experienced a boost last week after Federal Reserve Chair Jerome Powell suggested a potential shift in monetary policy, but momentum has waned this Monday morning. While […]
Trump Proposes Aggressive Rate Cuts on Fed Chair Replacement
Donald Trump has announced his intention to replace the current chair of the Federal Reserve if reelected. His proposed plan includes pushing for up to 300 basis point […]
U.S. Labor Data Shifts Market, Fuels Fed Rate Expectations
Recent U.S. labor market data revisions have significantly impacted financial markets and sparked speculation regarding potential Federal Reserve policy shifts. A substantial decline in job figures for May […]