President Donald Trump is pushing the Federal Reserve to reduce interest rates immediately. He is of the view that increased inflation results from previous policy and advocates that reduced rates go hand-in-hand with his proposed tariffs on foreign imports. Fed Rate Cut Federal Reserve Chairman Jerome Powell doesn’t agree. He
This week in the crypto space, notable developments include a major collaboration and discussions on critical changes impacting key networks. Solana’s (SOL) inflation model is under review, sparking debates about potential effects on staking rewards and network security. Meanwhile, the Binance Coin (BNB) surge to $715 has gained attention, driven
As a result of rising macroeconomic concerns, investor sentiment has been all over the place recently, sending the financial market into a tailspin. Recent economic indications, such as US job figures and hawkish words by Fed members, have heightened fears among investors. That being said, later this week, investors will
The crypto market is about to embark on a pivotal week, as all eyes are on the US CPI inflation statistics. This week also brings the US Producer Price Index (PPI) statistics, another important inflation gauge that the US Federal Reserve uses to determine whether or not to decrease interest
The introduction of the India Inflation Tracker has been announced by Truflation, a world leader in real-time financial data. The tool provides an alternative to conventional measures by giving Indian companies and consumers an unbiased, transparent, real-time picture of inflation. Truflation has teamed up with Indian web3 accelerator Levitate Labs to
The U.S. Consumer Price Index (CPI) data for October is set to be released today at 8:30 a.m. Eastern Time. This highly anticipated report is expected to show a slight uptick in inflation, with an annual increase of 2.6%, up from 2.4% in September. According to the report, the core
Inflation in the United States came in at 1.8% in September, according to the long-awaited Producer Price Index (PPI), when market forecasts had it at 1.6%. Inflation is on the rise, and investors are worried about what it may mean for Bitcoin and other cryptocurrencies in light of recent US
The cryptocurrency market is holding its breath until later this week when the US Consumer Price Index (CPI) data is revealed. After the dismal US job statistics dampened market confidence, investors would be watching the data attentively since it is essential to understanding the inflationary pressure in the economy. The
The data from the United States Bureau of Labor Statistics, released on Thursday, show that the US PPI inflation increased 0.2% in August. This aligns with the Dow Jones consensus estimate teased before the readings came out. This important inflationary gauge comes amid increasing speculations in anticipation of a rate
Bank of Japan (BoJ) Governor Kazuo Ueda has hinted at the possibility of further rate hikes. This comes as the BoJ continues to assess economic conditions and inflation trends. Ueda’s remarks signal a potential shift in the bank’s monetary policy, aiming to address ongoing inflationary pressures. According to recent reports,
