Olli Rehn, member of the European Central Bank Governing Council and Governor of the Bank of Finland, emphasized the dual risk of euro area inflation at a UBS […]
Robert Kiyosaki Sees Bitcoin Potential Amidst Central Bank Policy Shifts
Renowned financial educator Robert Kiyosaki maintains a bullish stance on Bitcoin, attributing its future value growth to the increasing impact of central bank money printing. He sees Bitcoin […]
Penny Era Ends: US Eliminates Cents Amid Record Inflation
The U.S. government officially ceased producing pennies, marking a symbolic shift in the face of record-high inflation. This move is expected to save approximately $56 million annually. The […]
Trump Drops Food Tariffs to Combat Inflation, Market Prices Expected to Stabilize
In an effort to ease rising grocery costs and address public concerns about affordability, President Trump has revoked tariffs on a significant portion of food imports. This move […]
Inflation Concerns Prompt Absence of December Rate Cut Proposal
Fed Chair Jeffrey Schmid has ruled out a potential December interest rate cut, citing persistent inflation that remains significantly higher than the Federal Reserve’s targeted level. His stance […]
Fed’s Internal Division Evident as Two Members Clash on Future Rate Decisions
A significant division has emerged within the Federal Reserve regarding the upcoming interest rate decision, with two prominent members voicing starkly contrasting opinions. ]
Schmid Warns Against Premature Rate Cuts, Impacting Crypto Markets
Federal Reserve Bank of Kansas City President Jeffrey Schmid cautioned against prematurely lowering interest rates, as he highlighted ongoing inflation risks. His remarks have fueled uncertainty regarding the […]
The U.S. Dollar: A 97% Loss Since 1913
Since 1913, the value of the U.S. dollar has plummeted by a staggering 97%. This significant decline is primarily attributed to inflation, as tracked by entities like the […]
America’s Dollar: A Century of Declining Purchasing Power
For over a century, the U.S. dollar has held its place as a global powerhouse, powering international trade and serving as a cornerstone for global economies. However, behind […]
Federal Reserve Exploring Short-Term Securities Response to Inflation
Federal Reserve official Schmid suggests that further interest rate cuts could have a significant impact on inflation. The Fed may also adjust its balance sheet investments, shifting towards […]
Schmid: Further Rate Cuts Risk Triggering Inflation Surge
Kansas City Federal Reserve President Jeffrey Schmid has warned that additional interest rate reductions could undermine the fight against inflation, potentially triggering a new wave of price increases. […]
Fed Chair Schmid Concerns Inflation, Signals Restraint on Rate Cuts
Federal Reserve Chairman Jeffrey Schmid has warned against further interest rate cuts, citing their potential impact on inflation and the need for careful management of economic conditions. His […]
Government Shutdown Threatens Permanent Economic Data Loss
A prolonged U.S. government shutdown poses a significant threat of permanent data gaps in key economic indicators like inflation and unemployment, according to economists cited by BlockBeats. 43-day […]
Federal Reserve Struggles with Job Market Weakness and Rising Inflation
Federal Reserve official Hamack has expressed concerns about the impact of a weakening job market on the Fed’s responsibilities, as reported by BlockBeats. Inflation remains high and is […]
Kashkari Raises Concerns Over Persistent Inflation
Federal Reserve official Neel Kashkari has voiced concerns about the current inflation rate hovering at 3%, deeming it excessively high. The economy exhibits mixed signals, with some sectors […]