US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics launched the Consumer Price Index report for June, exhibiting a 3% improve in inflation,...
Bitcoin Leaves Major Assets within the Dust: Surges 80% within the First Half of 2023, Soars to twelfth Largest Global Asset
In the primary half of 2023, eye-opening statistics reveal that bitcoin (BTC), the main cryptocurrency, demonstrated exceptional efficiency by surpassing varied vital belongings such because...
All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision
Equities, valuable metals, and cryptocurrencies have been on a tear over the past three weeks of 2023, and all eyes are actually targeted on the...
Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December
Equities, valuable metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech on the Brookings Institution in Washington. The crypto economic system...
The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise
The U.S. Federal Reserve launched one other jumbo price hike on Wednesday, Nov. 2, 2022, by mountain climbing the federal funds price (FFR) by 75...
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’
Wall Street’s main indexes closed the day in crimson on Tuesday, alongside cryptocurrencies, and treasured metals like gold and silver taking some proportion losses. The...
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’
Following Jerome Powell’s hawkish commentary on the annual Jackson Hole Economic Symposium, main inventory indexes, cryptocurrencies, and valuable metals slid considerably in worth. Over $240...
Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
On Friday, Jerome Powell spoke on the annual Jackson Hole Economic Symposium and the Federal Reserve chair defined that the U.S. central financial institution is...
Peter Schiff Warns Economic Downturn within the US ‘Will Be Much Worse Than the Great Recession’
Following the Federal Reserve’s charge hike on Wednesday, economist Peter Schiff has had quite a bit to say for the reason that U.S. central financial...
With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions
Investors can be centered on the U.S. central financial institution this Wednesday as Federal Reserve policymakers are anticipated to boost the benchmark rate of interest...