Economy News

The US Producer Price Index (PPI) for January revealed a rise of 3.5%, surpassing December’s 3.3%, signaling persistent inflation concerns.

January’s U.S. Consumer Price Index (CPI) report revealed inflation running slightly hotter than anticipated, with annual inflation rising to 3% from December’s 2.9%.

Investor attention is locked on upcoming U.S. inflation data, which could shape Federal Reserve policy and ripple through financial markets, including crypto.

Bitcoin (BTC) and other altcoins have experienced significant drops recently, with a notable impact from new tariff actions taken by Donald Trump.

In an unexpected move, the Bank of England has opted to reduce interest rates for the third time since August, adding further uncertainty to an already volatile global financial landscape.

The Federal Reserve has reduced interest rates for three consecutive months since beginning its rate-cutting cycle in September.

Trade tensions between the U.S. and China have escalated again, with Beijing responding to Washington’s latest tariff hikes by introducing its own set of economic measures.

After the Federal Reserve decided to maintain interest rates last week, former U.S. President Donald Trump expressed his support for the move, deeming it the correct choice.

The latest inflation data suggests price pressures are persisting, with the Federal Reserve’s preferred metric rising as expected in December but still exceeding its 2% goal.

The European Central Bank (ECB) has reduced its deposit rate to 2.75%, marking its fifth cut since June in an effort to stimulate a sluggish eurozone economy.

The Federal Reserve has decided to keep interest rates unchanged, opting for caution as it monitors inflation and the economic impact of President Donald Trump’s early policies.

With global markets experiencing high volatility, attention now turns to the Federal Reserve’s (FED) policy announcement on January 29, 2025.

The UK government may consider selling its multi-billion-dollar Bitcoin holdings to address gaps in its finances, according to accounting firm RSM.

The Federal Reserve is expected to hold interest rates steady at 4.25%-4.50% during this week’s FOMC meeting, despite President Trump’s push for cuts and lower oil prices.

Larry Fink, the CEO of BlackRock, shared his outlook on U.S. interest rates, suggesting that while a rate cut might be possible in the near future, an increase could be on the horizon if the economy continues its strong performance.

Japan’s central bank has made a bold move, increasing its benchmark lending rate to 0.5% – a level not seen since 2008.

Donald Trump, on his first day back in office, repealed several Biden-era executive orders, including a 2023 framework aimed at regulating artificial intelligence (AI).

Vivek Ramaswamy, a former presidential candidate, appears ready to shift his focus to Ohio’s political landscape, with reports suggesting he is preparing to run for governor.

US inflation data revealed an annual increase of 2.9% in December, up from 2.7% in November, according to the Bureau of Labor Statistics (BLS).

Despite earlier optimism, it sees that the chances of more rate cuts in 2025 are becoming less likely.

Wholesale inflation in the U.S. showed signs of easing in December, offering a glimmer of hope that price pressures may not be accelerating as feared.

The cryptocurrency market stumbled into 2025 with a shaky start as Bitcoin briefly dropped below $90,000, its sharpest decline since the beginning of the year.

Efforts to reduce global reliance on the US dollar have yet to make a significant dent, as the currency surged to a two-year high, bolstered by rising Treasury yields and a resilient US economy.

JPMorgan Chase predicts that the US dollar could remain strong throughout the year, supported by a resilient American economy that is expected to outpace other developed nations.

The cryptocurrency market struggled today as unexpected strength in U.S. employment data raised fears of prolonged high interest rates.

Kathryn Rooney Vera, Chief Market Strategist at StoneX, shared her perspective on the Federal Reserve’s potential moves in the face of inflationary pressures during an appearance on CNBC’s Squawk Box.

Fidelity’s latest analysis suggests that Bitcoin (BTC) could benefit from a potential inflation surge in 2025, particularly if the U.S. faces stagflation.

Market optimism is growing as investors anticipate economic policies under Donald Trump’s leadership to stimulate growth, with U.S. stocks and the dollar positioned as likely beneficiaries.

Richmond Fed President Thomas Barkin shared an optimistic outlook for the U.S. economy heading into 2025, highlighting potential growth despite uncertainties tied to the policies of the new Trump administration.

The Russian Central Bank surprised many by holding its key interest rate steady at 21%, a move that contradicted predictions of an increase to 22% or more.

Bitcoin and other cryptocurrencies experienced significant declines after Federal Reserve Chairman Jerome Powell made hawkish remarks, signaling a continued tight monetary policy.

The Federal Reserve has implemented a widely anticipated 25-basis-point interest rate cut, marking the third and final reduction for 2024.

China is gearing up for 2025 with its most expansive fiscal plan, raising the budget deficit to a record 4% of GDP to counter domestic challenges and looming trade tensions with the U.S.

Jerome Powell and the Federal Reserve are facing significant pressure from the market, with investors betting on an imminent rate cut following recent inflation reports.

Although inflation showed limited improvement in November, futures contracts for federal funds suggest a nearly certain 25 basis point rate cut at the Federal Reserve’s meeting on December 17-18, according to analyst Megan Leonhardt.

The Federal Reserve is expected to approach rate cuts cautiously in 2025, with plans to end its quantitative easing cycle by mid-year, according to Bill Adams, chief economist at Comerica Bank.

The market is closely watching the U.S. Federal Reserve, with many speculating on a potential rate cut in the near future.

The U.S. Producer Price Index (PPI) for final demand increased by 0.4% in November, following a 0.3% rise in October and a 0.2% increase in September, according to the U.S. Bureau of Labor Statistics.

Rising inflation continues to challenge the U.S. economy, with housing costs playing a significant role.

In a surprising break from tradition, President-elect Donald Trump has invited Chinese President Xi Jinping to attend his upcoming inauguration, challenging over a century of diplomatic protocol.

Former Cleveland Fed President Loretta Mester suggests that the Federal Reserve may need to rethink its interest rate strategy in light of recent inflation developments.

The latest U.S. inflation data, showing a slight uptick in CPI to 2.7% in November, has ignited optimism among cryptocurrency investors, particularly for Bitcoin and altcoins.

The U.S. Consumer Price Index (CPI) data for November 2024 shows a moderate increase in inflation, reflecting ongoing price pressures in key sectors.

Ray Dalio, the billionaire founder of Bridgewater Associates, recently raised concerns about a looming global debt crisis, highlighting the unsustainable debt levels in major economies such as the U.S. and China.

The U.S. dollar’s strength in the global financial landscape remains unshaken, as it continues to outperform other currencies, including the Indian rupee.

The cryptocurrency market braces for a significant week as key U.S. inflation indicators take center stage.

Bitcoin has caught the attention of cryptocurrency analyst Benjamin Cowen, who is currently bullish on the digital asset.

Jim Cramer, the host of CNBC’s Mad Money, has flagged growing risks for U.S. stocks as the year progresses, focusing on investor expectations surrounding Federal Reserve interest rate cuts.

Donald Trump’s recent dinner with Canadian Prime Minister Justin Trudeau at Mar-a-Lago sparked controversy when Trump suggested that Canada should consider becoming the 51st U.S. state if it couldn’t handle its economy under a looming 25% tariff threat.

Shehzad Qazi, the Chief Operating Officer of China Beige Book, recently dismissed the idea of a major economic stimulus from China, countering speculations about Beijing’s fiscal strategy.

Donald Trump has made a bold move to defend the U.S. dollar’s dominance, warning BRICS nations against creating or supporting any currency that could rival it.

The Bank of England has raised alarms over escalating trade restrictions, warning they pose significant risks to global economic stability and inflation.

As 2025 nears, Wells Fargo anticipates a more measured pace of interest rate reductions by the Federal Reserve.

Russia’s economy is grappling with severe challenges as the ruble tumbles to its lowest value in over two years, recently hitting 114 against the U.S. dollar.

The latest data on the US personal consumption expenditures (PCE) price index has been released, meeting expectations and drawing attention due to its potential impact on Bitcoin and the broader cryptocurrency market.

China’s economic outlook for 2025 is currently shaped by two conflicting forces: a policy shift aimed at stimulating the economy and the looming threat of a new trade war with the U.S.

The Federal Reserve’s minutes from November 6-7, closely watched by both the cryptocurrency and traditional markets, have shed light on the central bank’s ongoing policy considerations.

China has strongly criticized President Trump’s threat to impose a 10% tariff on all Chinese imports, warning of significant consequences for both nations and the global economy.

China and Japan are both aggressively cutting back on their holdings of US Treasuries, with Japan leading the way in Q3 2024 by selling a record $61.9 billion.

A recent report reveals growing concerns among investors about the strengthening U.S. dollar under Donald Trump’s incoming administration.