The U.S. Producer Price Index (PPI) for July has exceeded market expectations, rising by a notable 3.3% year-over-year. This marks the highest annual increase since February and surpasses […]
Treasury Sec Urges 50 Basis Point Rate Cut, Fueling Market Speculation
U.S. Treasury Secretary Scott Bessent advocated for a 50 basis point interest rate cut by the Federal Reserve in September, citing recent labor data and inflation trends. His […]
Powell Warns of Tariff Impact on Inflation
Federal Reserve Chair Jerome Powell has highlighted the inflationary impact of tariffs, noting their role in rising consumer prices. In a recent statement, Powell emphasized the frequent mention […]
Trump Extends China Tariffs Pause, Bitcoin Sees Jump
U.S. President Donald Trump has announced an extension of the tariffs imposed on goods from China, for another 90 days. This news contributed to a surge in Bitcoin’s […]
Trump Administration Expands Search for New Federal Reserve Chair
The Trump administration has expanded its list of potential candidates for the position of Federal Reserve chair. Notably, U.S. Federal Reserve Governor Michelle Bowman and Vice Chair Philip […]
U.S. Economic Indicators Shape Fed Decision in September
Economic indicators point toward a slowdown in demand for goods and services this week, despite strong labor productivity in the U.S. However, rising service prices indicate a subtle […]
Michael Saylor Urges U.S. to Embrace Bitcoin: Prepare Before Others Do
MicroStrategy founder and Bitcoin advocate Michael Saylor believes global capital will increasingly gravitate towards digital environments, particularly the Bitcoin network. He urges the United States to not miss […]
Economic Calendar for Next Week Highlights Key Releases
Key economic events and data releases are expected to take center stage next week, providing insights into market trends and potential future actions from major institutions. **Tuesday:** On […]
Could the U.S. Fuel a Cryptocurrency Boom?
Coinbase Institutional anticipates a brighter future for the cryptocurrency market, attributing this optimism to shifting economic forces in the United States. Positive expectations of Federal Reserve interest rate […]
Yellen Warns of Potential 3% Inflation from Trump Tariffs
Former Treasury Secretary Janet Yellen has raised concerns about the impact of potential trade tariffs under a future Trump presidency. Her warning comes as analysts debate the implications […]
Goldman Sachs Downgrades Recession Probability for US Economy
Goldman Sachs has revised its prediction regarding the likelihood of a U.S. recession in the next year, decreasing the probability from 35% to 30%. This adjustment is based […]
US PPI Rises Slightly in May, Inflation Remains Tame
The Producer Price Index (PPI) for the United States showed a modest increase of 0.1% in May, reaching an annual rate of 2.6%. This figure fell short of […]
U.S. Jobless Claims Slightly Higher Than Forecasts
Initial jobless claims in the United States for the week ending June 7 reached 248,000, slightly exceeding the anticipated figure of 240,000. The previous week’s data was revised […]
US Inflation Modulates, But Tariff Impact Remains Uncertain
May’s US inflation report showed a surprising calm: a 0.1% increase from April, below market predictions and sending stocks soaring. This unexpected moderation suggests easing inflationary pressures. However, […]
Appeals Court Upholds U.S. Tariff Authority: Implications for Crypto Market
A recent appeals court ruling has solidified the power of the US government to impose tariffs, potentially impacting global trade and the crypto market. This decision overturns a […]