2024-5-2 21:08 |
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Bitcoin price remains resilient despite the US dollar’s strength A bullish divergence with the RSI supports Bitcoin’s price action The horizontal consolidation might be part of a bullish flag pattern This is the last trading week of Q3 2023, and investors already have plans for the last quarter of the year.
2023-9-28 15:40 | |
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The Bitcoin price is under heavy pressure due to fears of “sticky” inflation and yesterday’s ultra-hawkish comments from U. S. Federal Reserve (Fed) chairman Jerome Powell. At press time, BTC was trading just above $22,000 and continued to show no strength yet.
2023-3-8 12:15 | |
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Jerome H. Powell, Chair of the Board of Governors of the Federal Reserve System, said that the labor market’s strength is why lowering the inflation rate will take longer and require higher interest rates on Feb. 7. In an interview conducted…
2023-2-8 16:57 | |
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Bitcoin continued to exude strength on Friday despite worse-than-expected inflation figures earlier in the week.
2022-7-15 17:23 | |
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U.S. inflation comes in a full 0.3% higher than expected, causing a dollar strength spike and the euro to fall below parity with USD.
2022-7-14 16:09 | |
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The DXY Dollar Currency Index is above the 100 level for the first time since the pandemic struck and lax monetary policy sent Bitcoin — and inflation rates — soaring. When or will the trend weaken, and what might continued strength or sudden reversal mean for Bitcoin and the rest of crypto? Fed Rate Hike […]
2022-4-15 02:56 | |
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That said, the strength exhibited by cryptocurrencies in the past two or so weeks despite surging U.S. inflation figures and the ongoing Russia-Ukraine conflict has been a great sign for what is to come.
2022-3-22 21:57 | |
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The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.
2021-11-17 19:27 | |
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“If you have large dollar values and you're hoping for any kind of return on them, that's faded,” said CEO Michael Saylor. “Gold, silver and bitcoin are showing strength.”
2020-8-6 21:55 | |
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Despite the specter of inflation from money printing, the dollar has gained strength. Here’s why that’s a problem - for everyone.
2020-5-21 22:00 | |
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| Analogue Notcoin - TapSwap |
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.
U.S. economic data on Thursday has sent rates and the dollar higher.
An interest rate cut isn't likely on the table, but risk assets are doing just fine
The US Federal Reserve has signaled that interest rates may have peaked but hasn't ruled out future hikes. The bank expects three 0.25 percentage point cuts by the end of 2024. The post Fed Signals Interest Rate Peak, Doesn’t Rule Out Future Hikes appeared first on BeInCrypto.
Recession forecasters predict the Fed has much work to do to bring inflation to 2%, a problem that Bitcoin could exploit. The post Will Bitcoin Price Surge if Fed Cuts Rates Amid ETF Approvals? appeared first on BeInCrypto.
The recently hawkish Fed governor said rate cuts could be on the agenda if inflation continues to decline.