Dollar retreats after PCE data points to cooling inflation; Powell set to speak By Investing.com
[ad_1] © Reuters Investing.com – The U.S. dollar retreated in early European trade Friday, as a key inflation release added to expectations that U.S. interest...
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal...
Americans need an extra $11,400 today just to afford the basics, Republican analysis finds
The typical American household must spend an additional $11,434 annually just to maintain the same standard of living they enjoyed in January of 2021, right...
Americans are ‘doom spending’ — here’s why that’s a problem
Black Friday shoppers leave the Nike store as other shoppers wait in line to shop as retailers compete to attract shoppers and try to maintain...
Cosmos Hub greenlights ATOM inflation cut for security boost By Cointelegraph
[ad_1] The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, Cosmos (ATOM), from 14%...
Cosmos Hub greenlights ATOM inflation cut for security boost By Cointelegraph
[ad_1] The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, Cosmos (ATOM), from 14%...
Bitcoin bounces at $36.2K lows as CPI inflation slows beyond forecasts By Cointelegraph
[ad_1] © Alpha Footage (BTC) targeted $37,000 at the Nov. 14 Wall Street open as the latest United States inflation data undercut expectations. 1-hour chart....
Bitcoin nears critical $35,500 support level as stocks gain on inflation data By Investing.com
[ad_1] © Ink Drop is hovering perilously close to a significant support level of $35,500 following a market correction triggered by the latest U.S. inflation...
Gold moves higher as yields, dollar slip after U.S. inflation data
By Ashitha Shivaprasad, Anushree Ashish Mukherjee (Reuters) – Gold prices gained on Tuesday as the dollar and Treasury yields retreated after softer-than-expected U.S. consumer inflation...
Powell says Fed is ‘not confident’ it has done enough to bring inflation down
Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of inflation but are unsure whether...