#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
JPMorgan Reveals Its Forecast on the Fed’s Interest Rate Cuts and Discusses the US Economy
Priya Misra, fixed income securities portfolio manager at JPMorgan Asset Management, commented on the US economy, interest rate outlook, and bond markets on the Squawk Box program on CNBC. Misra state...
U.S. equity funds drew $12.06 billion in inflows this week
U.S. equity funds recorded net weekly inflows of $12.06 billion, reversing the two-week outflow momentum. The inflow was fueled by renewed investor confidence following Nvidia’s announcement to invest...
Top-Level FED Member Bowman Makes Critical Statements on Interest Rates and the US Economy
FED member Michelle Bowman said in her assessments of monetary policy that the neutral interest rate is higher than before the pandemic. Bowman argued that the Fed's inflation is within its target ran...
China’s stock market is surging as both local and foreign investors jump in
Chinese stocks are blowing up, and the buying isn’t slowing. Both foreign funds and local investors are throwing cash into the market. The Shanghai Composite just hit its highest point in ten years, a...
Risk of a Government Shutdown in the US is Growing: If It Happens, Will the Fed’s Interest Rate Decision Be Affected?
The potential for a government shutdown in the US puts critical economic data at risk. According to the US Department of Labor's previously released operational contingency plan, the September jobs re...
China retaliates against Mexico tariffs with trade probe and anti-dumping case
China has launched a direct trade investigation targeting Mexico, after the Latin American country announced aggressive new tariffs on Chinese exports. The decision came Thursday, as China’s Ministry ...
US Dollar’s Decisive Winning Week: PCE Data Unveils Market Future
BitcoinWorld US Dollar’s Decisive Winning Week: PCE Data Unveils Market Future In the dynamic world of finance, where every ripple in the traditional markets can send waves through the nascent cryptoc...
Richmond Fed’s Barkin sees limited downside in inflation and jobs despite recent setbacks
Federal Reserve Bank of Richmond President Tom Barkin noted that while inflation and unemployment are off the mark, their chances of significantly worsening are low. In an interview with Bloomberg Tel...
Trump cuts Gold Card residency price to $1M, fueling demand
President Donald Trump’s decision to cut the cost of his new Gold Card program has sparked major interest from rich families around the world who want fast access to U.S. residency. Trump signed paper...
Fed still on track for more interest rate cuts as US core inflation holds at 2.9%
Core inflation stayed stuck at 2.9% in August, according to the Federal Reserve’s go-to forecast tool. The data, released Friday by the Commerce Department, makes it clear the Fed is still heading tow...
ECB points to rising inflation expectations in decision to pause rate cuts
The European Central Bank (ECB) is pausing on rate cuts, and it’s blaming rising inflation expectations. The central bank made that call after new survey data on Friday showed that people across the e...
Foreign investors double down on U.S. stocks at record levels despite political chaos
While Donald Trump runs the White House again, reigniting his trade war, dropping polarizing ideas like annexing Canada, and poking at just about every ally abroad, non-American investors are doing th...