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Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts
23.8.2024
Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s commitment to achieving its 2% inflation target...
Bitcoin price taps $62K sell wall as analyst sees 'up only' for crypto
23.8.2024
Bitcoin bulls charge into key BTC price resistance as the US Federal Reserve gives a clear signal over interest rate cuts
Bitcoin price taps $62K sell wall as analyst sees ’up only’ for crypto
23.8.2024
Bitcoin bulls charge into key BTC price resistance as the US Federal Reserve gives a clear signal regarding interest rate cuts
Gold Shatters Records as Investors Brace for Economic Turbulence
20.8.2024
Precious metals prices are on the move again, with gold hitting a new peak of $2,564 during Tuesday’s trading sessions. As of now, gold is being traded at $2,527 per ounce, while silver has climbed more than 6% this week, currently standing at $29.68 per ounce. Market trends show that the prices...
Truflation Unveils Real-Time Inflation Tracker for Argentina Amid Milei’s Economic Overhaul
20.8.2024
Truflation has rolled out a fresh inflation tracker and calculator tailored for Argentina, bringing a dynamic source of real-time economic data to the table. This innovative tool empowers Argentinians to gauge how inflation is affecting their finances, offering a handy alternative to the official...
UBS Urges Caution Despite Positive US Economic Data
18.8.2024
UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a significant economic slowdown remains, especially...
Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash
18.8.2024
Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to crash, result in a hard landing, and trigger...
Milton Friedman on Inflation: A Government-Made Disaster
17.8.2024
Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said: ‘Inflation Is Made by Government and No One Else’...
Gold’s Bull Run Inspires Bitcoin Forecasts: Insights From Fred Krueger and Jack Mallers
17.8.2024
Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow a similar trajectory, fueled by broader financial factors. Jack Mallers, the founder...
Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada
16.8.2024
Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He argues that a CBDC would give the government excessive control over finances, threatening privacy and economic freedom. “It’s time to put...
Food Price Controls in America? Kamala Harris’s Controversial 2024 Strategy Unveiled
15.8.2024
Vice President Kamala Harris, according to several reports, has outlined one of her key economic strategies if she wins the presidency in 2024—price controls. Her campaign is advocating for what they describe as the “first-ever federal ban” on food price increases. Despite the price...
WTF happened 53 years ago today — Why the Nixon shock is still affecting us all
15.8.2024
In his 1971 speech ending the gold standard, Richard Nixon promised to stabilize the dollar, but instead, nearly everything has gone up in price
Ethereum supply surpasses 120M ETH as staking, restaking surge
15.8.2024
Despite Ethereum’s inflationary trend, staking and restaking gains momentum, boosting network security and rewards
Claudia Sahm Warns Fed: Delayed Rate Cuts Could Spur Unnecessary Recession
15.8.2024
In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession concerns, Sahm emphasized that the current labor market still shows strength, suggesting the economy...
Bitcoin falls under $60K as investors' global economic slowdown concerns rise
14.8.2024
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin
CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%
14.8.2024
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 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME futures metrics upward, reflecting growing market...
U.S. CPI Rose 0.2% in July, Matching Expectations
14.8.2024
Elon Musk Offers to Assist Donald Trump Boost Government Efficiency
14.8.2024
Tesla and Spacex CEO Elon Musk has offered to assist former U.S. President Donald Trump in managing government spending if Trump is re-elected, proposing the creation of a government efficiency commission. Trump endorsed the idea, praising Musk as “the greatest cutter” and suggesting...
Bitcoin buyers wait below $58K as Japan wipes out record stocks crash
13.8.2024
Bitcoin appears in no mood to celebrate despite Japanese stocks fully recovering from a historic drop
CRV Coin Soars: Inflation Control, Market Rebound Hopes Fuel 10% Rise
13.8.2024
At the time of content drafting, the CRV coin is rising, trading at $0.3072. That is after the…