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Economist Editorial Claims 2024 Recession Is Inevitable—Is America Ready?

Economist Editorial Claims 2024 Recession Is Inevitable—Is America Ready?

A U.S. recession in 2024 appears to be on the horizon, according to a recent editorial piece by the Economist. The article surfaces as warnings of ...
Aug, 13, 2024
by Bitcoin News
Legendary Investor Jeremy Grantham Predicts Inevitable US Recession, Challenges Fed’s Forecast

Legendary Investor Jeremy Grantham Predicts Inevitable US Recession, Challenges Fed’s Forecast

A significant portion of investors and financial organizations surmise that the U.S. could avert a recession, but Jeremy Grantham, the co-founder o...
Aug, 20, 2023
2 min read
by Bitcoin News
Market Outlook: CME Fedwatch Tool Points to Increased Chance of June Rate Hike

Market Outlook: CME Fedwatch Tool Points to Increased Chance of June Rate Hike

According to the CME Group Fedwatch tool on Thursday, there was a 51% probability of a quarter-point rate increase during the upcoming Federal Open...
May, 26, 2023
3 min read
by Bitcoin News
White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press s...
Mar, 21, 2023
3 min read
by Bitcoin News
US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision

US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision

The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the r...
Mar, 14, 2023
2 min read
by Bitcoin News