2024-5-14 21:57 |
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Bitcoin looks set to benefit little from the latest CPI figures, analysts warn, with fresh BTC price losses firmly on the cards.
2023-8-10 14:23 | |
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The price of Bitcoin sank following the release of Consumer Price Index (CPI) data by the United States Bureau of Labor Statistics (BLS), showing a 0. 1% increase in August, taking the unadjusted value to 8.
2022-9-13 16:20 | |
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2021 will be remembered as a year when we defied the odds. We lost hope in traditional financial systems that failed us for decades. We just couldn’t see it. With the pandemic and collapse of institutions, it has become crystal clear that inflation is not so “transitory,” and monetary policies of governments are not suited […] The post Highlights from 2021: The Year of Crypto appeared first on ItsBlockchain.
2021-12-31 10:13 | |
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| Analogue Notcoin - TapSwap |
Bitcoin was one of the cryptocurrencies that reacted to Federal Reserve Chairman Jerome Powell’s remarks during a panel discussion on Tuesday. Powell reiterated the central bank’s commitment to maintaining a restrained monetary policy, despite encouraging economic indicators.
In testimony before the Senate Banking Committee, Federal Reserve Chair Jerome Powell stated the Federal Reserve is nowhere near making a recommendation or adopting a CBDC.
Powell also said a CBDC would need Congress' approval before the Federal Reserve will act.
Bitcoin may witness a “very dovish” move from Powell as high U.S. bond yields cause a stir, while BTC’s price passes $28,600.
Anticipation builds in both the traditional financial as well as Bitcoin and crypto sectors as the Federal Reserve’s FOMC rate decision looms this Wednesday at 2:00 pm ET. Federal Reserve Chair Jerome Powell will address the public, shedding light on the decision, 30 minutes post-announcement.
In a few hours, the Bitcoin and financial community will be glued to their screens as Fed Chair Jerome Powell addresses the Jackson Hole symposium at 10:05 am EST. His remarks are anticipated to sway not just traditional markets like stocks and commodities, but also the volatile realms of Bitcoin and crypto. The backdrop for […]