Ethereum faces bearish pressures amid technical and on-chain indicators By Investing.com
[ad_1] © Reuters Ethereum () is facing bearish pressures according to recent technical and on-chain indicators, with the cryptocurrency’s price dropping below the significant $1,650...
Massive $2 Trillion Deficit Expected in Fiscal 2023
Washington faces a spending showdown, but the fiscal year ending this month brings a dire reality – a projected $1.7 trillion deficit, roughly $13,500 per...
Why Central Bankers Are Not Sure They’ve Raised Rates Enough
Global central bankers are cautiously optimistic as inflation slows but fear it’s not sustainable. The Federal Reserve, having raised rates aggressively, faces concerns about stronger-than-expected...
China's Deflation Wave Could Ripple Across the Globe
China’s rising deflationary pressures spell disaster, threatening to drag the nation and potentially the global economy into a devastating slump. Plummeting prices erode corporate profits,...
U.S. leading index falls for 15th month in a row — and still no recession
The numbers: The leading economic index dropped 0.7% in June, falling for the 15th month in a row, a recession signal if there ever was one....
U.S. retail sales barely rise, pointing to weak spots in the economy
The numbers: Sales at retailers rose a tepid 0.2% in June, reflecting a shift in consumer spending habits and signaling softness in some parts of...
Powell Says Fed’s Inflation Fight Could Take Years
The Federal Reserve is expected to continue raising interest rates, despite their recent decision to temporarily slow down the pace of rate increases. Chair Jerome...
Powell, Other Central Bankers Face Uncertain Inflation Outlook: WSJ
Central bankers globally have hastily escalated interest rates to levels not seen in over a decade in an attempt to quell inflation. However, they admit...
Fed Will Pay High Price to Bring Down Inflation. Investors Should Take Note.
AFP via Getty Images Text size Central bankers from around the world are gathering in Sintra, Portugal this week to discuss the state of the...
Ethereum $2,100 Price Level Possible: Indicators By U.Today
[ad_1] © Reuters Ethereum $2,100 Price Level Possible: Indicators U.Today – Even though has not managed to sustain the $1,900 mark for now, indicators suggest...