Australia’s central bank, the RBA, is taking a proactive approach to understanding how artificial intelligence (AI) will shape the economy. Governor Michelle Bullock recently unveiled a plan to […]
Bank of America Predicts $155 USD/JPY – A Breakdown of Market Forces
For years, the USD/JPY pair has been a bellwether for global economic trends. Today, Bank of America has issued a bold prediction: USD/JPY will reach 155 by year-end. […]
Bond Yields Rise Amidst Fed’s Expected Rate Cuts: Signals Market Distrust
Ahead of the Federal Reserve’s anticipated rate cut, bond yields are experiencing a concerning upward trend. This unexpected surge signals market uncertainty and skepticism regarding the efficacy of […]
Economists Issue Warning: Trump’s Attempt to Oust Cook Endangers Fed Independence
Nearly 600 economists have voiced their opposition to President Trump’s attempt to fire Federal Reserve Governor Lisa Cook, warning that such an action endangers the independence of the […]
Alex Krüger Predicts Continued Bull Run in Crypto Market
Renowned economist Alex Krüger maintains a bullish outlook for the cryptocurrency market, forecasting a less volatile ‘super cycle’ based on observed market trends. He predicts continued institutional buying […]
The Ripple Effect: How US Tariffs are Undermining India’s Economy
India’s Rupee is facing a critical challenge, plunging to record lows against the U.S. Dollar as steep US tariffs take their toll on the nation’s economy. These tariffs, […]
Nobel Prize Winner Warns of Hidden Risks in Stablecoin Market
Renowned economist Jean Tirole, recipient of the Nobel Prize, has issued a warning about the potential risks associated with stablecoins for retail investors. He emphasizes that despite their […]
Crypto Market Movers: Global Economic Events to Watch This Week
As the financial world gears up for a busy week, cryptocurrency investors need to stay informed about global macroeconomic events. From Fed statements to labor market data releases, […]
U.S. Consumer Spending & Inflation Rise Amidst Weak Job Data
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 […]