#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
What Trump controlling the Fed board actually means for monetary policy
President Donald Trump has made it eerily clear that he wants to take control of the entire Fed board. And if he does, the way America handles interest rates, inflation, and the economy could change f...
U.S.–Japan trade talks stalled after the Trump administration demanded that Japan buy more American rice
The U.S government’s demand for Japan to import more American rice is the latest wrench stalling plans for the drawn-out trade negotiations. According to a Saturday report by the Nikkei newspaper, the...
World Bank sold $510 million in bonds backed by loans to 57 companies in emerging markets.
The World Bank has sold $510 million in bonds backed by loans it previously issued to companies operating in emerging economies, according to Bloomberg. The transaction is the Bank’s first use of a co...
Germany’s inflation rose to 2.1% in August, beating forecasts and putting pressure on households
Germany just blew another chance to pull itself out of the ditch. On Friday, new economic data from Destatis showed rising inflation, surging unemployment, and no sign of recovery in sight, as the cou...
S&P 500 fell 0.64% Friday but still locked in its fourth straight monthly gain
The S&P 500 lost steam Friday, falling 0.64% to close at 6,460.26, but still nailed its fourth straight monthly gain. The dip came as traders pulled cash off the table before the long weekend, after t...
Consumer sentiment fell to a three-month low of 58.2 in August, down from 61.7 in July
U.S. consumer confidence slipped again in August, with the University of Michigan’s final sentiment index falling to 58.2 from July’s 61.7, the lowest in three months. An earlier flash reading had sug...
China’s top banks to report weak results as economy slows, defaults rise
The top five banks in China are likely to announce disappointing results in several areas of their operations, with an economic slowdown and flat wage growth eroding quarterly profits. At the top of C...
Fed Chair Candidate Announces Interest Rate Cut Expectations "Within 3-6 Months…"
While the markets generally expect the FED to cut interest rates in September, the probability of a 25 basis point cut is priced in at 85%. US President Donald Trump is also pressuring Fed Chairman Je...
Fed’s favorite inflation gauge surges 0.4% in July, cementing a September rate cut
The U.S. economy just gave the Federal Reserve its next move. The Personal Consumption Expenditures price index, the central bank’s preferred tool for tracking inflation, climbed 0.4% in July, confirm...
Federal Reserve Focuses on Employment and Economic Stability
The PCE data was in line with expectations, easing market worries. BTC approaches $111,000 with potential rate cuts speculated by year-end. Continue Reading: Federal Reserve Focuses on Employment and ...
BREAKING NEWS: The Fed's PCE Data Used to Measure Inflation Has Been Released! Here's Bitcoin's (BTC) First Reaction!
Leading cryptocurrency Bitcoin (BTC) has been trading within a certain range after breaking a new record by exceeding $124,000 in mid-August. While the Fed was expected to cut interest rates for Bitco...
Poland Inflation: August’s Astonishing Drop to 2.8% Reshapes Economic Outlook
BitcoinWorld Poland Inflation: August’s Astonishing Drop to 2.8% Reshapes Economic Outlook In the dynamic world of global finance, macroeconomic shifts can send ripples across various asset classes, f...
