Tag Archives: jerome powell

Amid sticky inflation, Fed Chair Jerome Powell said that they would approach the monetary policy very cautiously. Analysts expect only two rate cuts instead of four, in 2024. On Thursday, September 21, the US Treasury yields experienced an upward surge approaching levels not observed in over a decade. This movement followed the Federal Reserve’s announcement regarding interest rates and future guidance. US Treasury Yield The yield on the 10-year Treasury increased by approximately 9...

Core inflation in August rose as the CPI showed price increases across several points, including energy, housing and airfares. Core inflation in August saw its largest monthly increase for the year as consumer prices rose on housing, energy, and many other items. According to the United States Department of Labor, the consumer price index (CPI) rose 0.6%, seasonally adjusted, up 3.7% from the same period last year. Economists polled by Dow Jones had predicted that the CPI would increase...

The mixed economic data that has emerged is at the root of the uncertainty surrounding the Fed’s monetary policy. A recent report has revealed that the US Treasury yields are currently on the rise as investors analyze key economic data released the previous week. This surge has prompted investors to contemplate what lies ahead for the nation’s economy. The Morning Surge in US Treasury Yield At 4 a.m. Eastern Time, the yield on the benchmark 10-year Treasury note had reportedly risen by...

CoinspeakerWall Street Investors Await Key Inflation and Jobs Data, Treasury Yields Fall The inflation and jobs data will play a crucial role in further market movements. Wall Street Investors Await Key Inflation and Jobs Data, Treasury Yields Fall

CoinspeakerBitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue? All eyes are on the Fed's Jackson Hole meeting ahead this week as Fed Chair Jerome Powell is likely to announce interest rate hikes. Bitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue?

CoinspeakerUS Salary Expectations Reach New Heights, Raising Inflation Concerns As wage expectations surge to unprecedented heights, economists and policymakers keep a vigilant eye on the broader implications for inflation and monetary policy. US Salary Expectations Reach New Heights, Raising Inflation Concerns

Jerome Powell – the head of the Fed – has announced that due to ongoing stress endured by the American banking system, he and his cronies will likely ease their hiking of interest rates. Strangely, the news has not done great things for bitcoin or crypto. In fact, prices took a small and temporary dive following the announcement. Jerome Powell Hints at Potential Curb to Rate Hikes This is arguably the attitude Powell should have had a long time ago. When banks are...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Jerome Powell – the man at the head of the table in the Federal Reserve chambers – is getting ready to offer what many analysts call another hawkish speech, and they’re concerned about what his words could do to bitcoin and the rest of the crypto industry. The Federal Reserve is at It Again Over the past year...

Following the Fed interest rate pause announcement, the price of BTC broke major price support, raising concerns about a continued decline. The Federal Reserve announced on Wednesday that it would maintain its interest rate at 5.25%, marking the first time since January 2022 that the rate would remain unchanged. According to the Fed, the inflation rate appears to be decreasing, and it wants to see whether previous rate increases were sufficient to slow price increases. However, it was...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Everyone keeps talking about crypto regulation as of late. It appears the topic has gained a lot of steam since crypto exchange FTX collapsed into a steaming pile of bankruptcy and fraud. Regulation Should Wait Until We Can Replace Those in Charge Under normal circumstances, a situation like this would indeed...