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U.S. Core Inflation Rose 0.3% in August, Faster Than Anticipated
Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.
Sep, 11, 2024
by CoinDesk
Bitcoin Could Crash to $48,000 if This Support Level Crumbles, Says Crypto Analyst
A widely followed crypto analyst is laying out a scenario where Bitcoin (BTC) could dip back down below $50,000. In a new strategy session, crypto ...
Aug, 14, 2024
2 min read
by The Daily Hodl
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) report, revealing a 2.9% increase over the past ...
Aug, 14, 2024
by Bitcoin News
No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Op...
Jul, 31, 2024
by Bitcoin News