Tag: interest rates
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Fed’s Patience on Rate Cuts Tested by Jobs Reports and Strikes
Federal Reserve Chair Jerome Powell has recently emphasised that the central bank isn't in a "hurry" to reduce interest rates. However, this patience could...
Crypto Market Declines Despite Powell’s Rate Cut Hints: What’s Next?
Despite recent hints from Federal Reserve Chair Jerome Powell regarding potential interest rate cuts, the crypto market is continuing its downward trend. In fact,...
Wall Street Update: U.S. Stocks Steady Near Records as Chinese Markets Surge
Today’s stock market reflects a notable balance, with Wall Street hanging near its records. As a trader or investor, it’s essential to grasp what’s...
Inflation Drops to 2.5% in August: What It Means for the Fed and Your Wallet
Inflation Eases to 2.5% in August: Federal Reserve's Next Moves and Impact on Your FinancesIn August, inflation cooled to its lowest level in three...
Inflation Update: PCE Price Index Rises 2.5% in July Amid Fed Policy Shifts
Inflation has once again taken centre stage as the latest figures for the Personal Consumption Expenditures (PCE) price index have been released. The Commerce...
