Calm Markets: Stocks, Crypto, and Gold Show Little Movement Post CPI
The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation…
Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide
Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market…
Markets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction
On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting…
Polymarket Bets 10% on 2024 US Recession, Analyst Skeptical of Rate Cut’s Impact
The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the…
Ethereum Foundation Transfers 95 Million ETH, Price Rally To Stall?
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content…
Bitcoin Bulls Charge Toward $62K as Fed’s Minutes Triggers Market Frenzy
Bitcoin’s price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of…
CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%
On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI)…
JPMorgan Chase, Bank of America, Wells Fargo and Citi Predict Abrupt Fed Rate Cuts Amid Global Market Turbulence: Reports
The four largest banks in the US now believe the Federal Reserve is about to cut interest rates amid…
Wharton Professor Calls for Emergency Rate Cut Following Market Downturn
Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point…
