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Federal Reserve Official Says Crypto and Stablecoins Will Strengthen and Not Threaten US Dollar

CoinspeakerFederal Reserve Official Says Crypto and Stablecoins Will Strengthen and Not Threaten US Dollar According to the official, the use of dollar stablecoins in the decentralized finance sector is good because it strengthens the USD. Federal Reserve Official Says Crypto and Stablecoins Will Strengthen and Not Threaten US Dollar

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Gold Set to Hit $2,200 with Silver Expected to Rise When Federal Reserve Begins Cutting Rates, Says UBS

CoinspeakerGold Set to Hit $2,200 with Silver Expected to Rise When Federal Reserve Begins Cutting Rates, Says UBS A UBS strategist says that both gold and Bitcoin will benefit from the Fed when the agency decides to cut interest rates. Gold Set to Hit $2,200 with Silver Expected to Rise When Federal Reserve Begins Cutting Rates, Says UBS

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US Recession 2024 Becomes Hot Debate among Economists Sharing Mixed Views

2024 could be a slower year for the business landscape in the US economy, however, many economists are positive that the US recession could be thwarted with a soft landing. Bulls made a strong comeback this year in 2023, and as the year ends, the Fed has given major signals of interest rate cuts in 2024. This has kept the markets upbeat and investors bullish on Wall Street. Does this mean that the US economy is completely out of the woods? Well, not entirely as economists share mixed...

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US Weekly Job Claims Edge Up Slightly amid Robust Labor Market, GDP in Q3 Increases at 4.9%

The Bureau of Economic Analysis reported that GDP increased at a 4.9% annualized rate in Q3, slightly below the previously reported 5.2% pace. The latest report from the United States Labor Department reveals a marginal increase in weekly jobless claims, with the number rising by 2,000 to 205,000 for the week ending December 16. While this uptick might raise eyebrows, it is important to note that the overall trend remains at historically low levels, indicative of a labor market that has...

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