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Bitcoin holds steady as Fed chair Powell hints at rate cuts in September, says no plans for CBDC

Federal Reserve Chair Jerome Powell suggested on Wednesday that the central bank might reduce interest rates at its upcoming September meeting if the current trend of easing inflation continues. This announcement comes as recent data indicates a decline in inflation closer to the Fed’s 2% target, while unemployment has risen slightly above 4%. дальше »

2024-8-1 22:31


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Bitcoin’s dual nature: shifting between risk-on and risk-off amid market turbulence

Quick Take The latest US inflation data has surprised analysts, with headline inflation year-over-year (YoY) coming in at 3. 5% — 0. 1% above forecasts. The development is significant considering the Federal Reserve’s most aggressive hiking cycle in decades, according to Statista, which aimed to tame the rampant inflation that the central bank initially claimed was transitory. дальше »

2024-4-11 04:00