U.S. Consumer Sentiment Craters in First Post-Tariff Read, but Crypto Is Holding Up
Gold soared to a new record high as the selloff in the U.S. dollar and long-term Treasuries continued in force on Friday.
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Gold soared to a new record high as the selloff in the U.S. dollar and long-term Treasuries continued in force on Friday.
Bitcoin managed a knee-jerk move above $84,000 after the U.S. CPI report, but returned to roughly flat for the day.
Although the United States’ December jobs data surpassed expectations, analysts are warning that the metrics could signal a potential spike … Continue reading
The post U.S. inflation is ‘breaking out like a meme coin’; Here’s what it means for stocks appeared first on Finbold.
Bitcoin fell to $85,000, as CPI data came in hotter month-over-month as odds of a Fed pause increase at next policy meeting in December.
The U.S. government’s debt and deficit issues aren’t going anywhere no matter who wins the presidency next month, said Jones.
Bitcoin price on 10/10 (CoinDesk)
U.S. inflation data for September was released Thursday morning (Frank van Hulst/Unsplash)
A hotter-than-expected U.S. inflation report would weaken the case for Fed rate cuts.
Investors and economists are increasingly confident that the US economy is heading for a “soft landing,” where inflation cools without … Continue reading
The post Here are the chances of a ‘soft landing’ in the US economy appeared first on Finbold.
Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.