The US Core Personal Consumption Expenditures (PCE) price index remained unchanged at 2.9% in July, matching market expectations and slightly exceeding June’s 2.8%. Consumer spending saw growth of […]
Core PCE Index Release to Shape Crypto Market Response
The U.S. Bureau of Economic Analysis will release the latest Core PCE Index data on July 2025, with traders bracing for significant volatility across traditional and digital markets. […]
Fed Set for Rate Cut: Inflation Surges, Labor Market Weakening
The Federal Reserve is on track to cut interest rates in September, driven by a surge in inflation and signs of a softening labor market. The Personal Consumption […]
U.S. Inflation Concerns Rise Amid Tariff Impacts and Economic Pressures
The U.S. July Personal Consumption Expenditures (PCE) report reveals rising service prices, further fueling concerns about inflation. President Trump’s tariffs continue to impact businesses across various sectors. While […]
Bitcoin Soars as PCE Inflation Reaches 2.6% YoY
The July 2025 Personal Consumption Expenditures (PCE) Price Index, which reflects inflation trends in the U.S., surged to 2.6% year-on-year, sending ripples through the cryptocurrency market and driving […]
Core PCE Data Shows Gradual Inflation Slowdown, Impacts Crypto Market
A recent report from the US Department of Commerce shows a continued but steady rise in core PCE prices, exceeding expectations. This signifies that inflation is easing, though […]
Poland’s Inflation Drops Significantly, Signaling Potential Shift in European Economy
A recent drop in Poland’s inflation rate, reaching a remarkable 2.8% in August compared to the previous year, has sent ripples throughout global markets. This decline signals a […]
U.S. Inflation Data and Consumer Confidence Gauge Set for Release
The U.S. will release crucial inflation data, including the core PCE price index for July, at 20:30 UTC+8, followed by the final August Michigan Consumer Sentiment Index at […]
Tokyo Inflation Continues to Climb Above BOJ Target Despite Utility Subsidies
Tokyo’s core consumer prices increased in August, exceeding the Bank of Japan’s 2% inflation target, despite easing year-over-year due to government fuel subsidies. This continued upward trend suggests […]
Economist Warns Fed’s Efforts Won’t Solve Recession, Recommends Bitcoin as Safe Haven
In a recent analysis, renowned economist Peterson suggests the Federal Reserve’s measures won’t effectively address the current economic downturn. He highlights how historical data reveals that preceding recessions […]
BlackRock CEO: Bitcoin’s Value Lies in Its Ability to Hedge Against Fiat Currency Devaluation
Larry Fink, CEO of BlackRock, has reignited the debate about bitcoin’s role in finance. He sees bitcoin as a form of digital gold rather than a direct replacement […]
India Incorporates E-commerce Prices in Inflation Gauge
The Indian government has announced plans to incorporate price data from Amazon and Walmart’s Flipkart into its inflation calculations. This move is driven by the rising popularity of […]
Singapore Inflation Falls to Lowest Level in Four Months
Singapore’s core and overall inflation rates witnessed a sharp decline in July, falling below analyst predictions and marking the lowest point in four months. Core inflation, excluding housing […]
Fed Hints at Uncertain Path for Interest Rates Following Slowing Labor Market
Boston Fed President Susan Collins offered a cautious outlook on the future of interest rates during the Jackson Hole Economic Symposium. While she acknowledged slowing labor market growth, […]
U.S. Labor Market Downturn Raises Concerns for Federal Reserve Rate Adjustments
Recent analysis by BlockBeats has flagged a significant decline in the U.S. labor market, with data revisions indicating a job loss of 258,000 in May and June alone. […]