U.S. President Donald Trump recently refuted prevailing economic conditions, claiming costs are decreasing and inflation doesn’t exist as per Odaily reports. His remarks contradict the Federal Reserve’s forecasts […]
BIS Report: Inflation and Remittances Drive Cryptocurrency Adoption
A recent study by the Bank for International Settlements (BIS) reveals that high inflation and expensive remittance costs are key drivers behind increased cryptocurrency adoption. The report indicates […]
Powell Warns Tariffs Could Trigger Inflation, Slowdown Economic Growth
Federal Reserve Chair Jerome Powell issued a warning about the inflationary impact of tariffs during a recent address to the Economic Club of Chicago. He highlighted that sustained […]
Federal Reserve Official Sounds Alarm on Inflation and Job Growth Risks
Federal Reserve board member Kugler recently warned of potential challenges to both inflation and job growth, expressing concern about a possible economic slowdown in the near future.
Fed Holds Rates Steady Amid Economic Uncertainty
The Federal Reserve decided to keep interest rates steady at 4.25-4.5 percent during their May meeting, reflecting confidence in the U.S. economy’s ongoing growth despite persistent inflation and […]
Federal Reserve Maintains Rates Amid Economic Expansion Concerns
The Federal Reserve has decided to keep interest rates steady at 4-1/4 to 4-1/2 percent, following their latest meeting on May 7th. This decision reflects the current economic […]
Eurozone Inflation Expected to Ease Amidst US Tariff Pressures
Despite positive initial economic activity, the Eurozone’s inflation rate is projected to continue declining, according to BlockBeats reports citing European Central Bank (ECB) member Simkus. This slowdown is […]
Fed Chairman Warns of Tariff Risks, Highlighting Economic Uncertainty
Federal Reserve Chair Jerome Powell recently issued a warning about the economic consequences of trade tariffs initiated under President Trump’s policies. The Fed chairman highlighted the potential for […]
Fed Holds Interest Rates Steady Amidst Inflation Concerns and Economic Uncertainty
The Federal Reserve has decided to maintain interest rates, marking the third consecutive meeting without a change. This decision comes amidst mounting concerns about inflation and economic growth […]
Goldman Sachs Warns of Inflation Spike Amidst Trade Tensions
Goldman Sachs has issued a stark warning about the impact of U.S. President Donald Trump’s trade war on inflation, highlighting potential setbacks in curbing price increases. The Wall […]
Powell Warns of Inflation Risks from Continued Tariffs
Federal Reserve Chair Jerome Powell has warned of rising inflation risks stemming from sustained tariffs, signaling potential economic slowdown and higher unemployment rates. His statement on May 7, […]
FOMC Meeting: Fed Holds Interest Rates Steady Amidst Inflation Concerns
The Federal Reserve (Fed) has opted to keep interest rates unchanged at the meeting held on May 6-7, continuing a trend of maintaining stability in the face of […]
Fed Chair Warns of Tariff Impact on Inflation and Employment
Federal Reserve Chairman Jerome Powell has warned that recent tariff increases are driving up inflation expectations, potentially leading to higher prices and job losses if the tariffs persist. […]
Powell Warns Tariffs May Delay Fed Progress on Inflation Targets
Federal Reserve Chair Jerome Powell warned that proposed tariffs could hinder the Fed’s progress in tackling inflation, potentially delaying its impact until next year. The announcement has triggered […]
Federal Reserve Holds Rates Steady Amid Inflation Concerns
The Federal Reserve has once again opted to keep interest rates unchanged, despite increasing concerns over inflation. This decision reflects the central bank’s cautious approach toward economic uncertainties […]