Economy News

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.

The cryptocurrency market enters a crucial phase this week, with key macroeconomic updates and a significant crypto options expiry set to shape investor sentiment.

Donald Trump’s proposed tariffs, ranging from 10% to 20% on all imports and up to 100% on Chinese goods, are poised to throw the U.S. economy into turmoil by 2026, warns Seth Carpenter, Morgan Stanley’s chief global economist.

The Pentagon’s latest financial audit has once again exposed significant mismanagement, with the Department of Defense (DoD) unable to account for $824 billion.

European stocks are experiencing their worst underperformance relative to the S&P 500 in nearly 30 years, with the U.S. index up over 25% while the Stoxx 600 has gained only 5%.

Bitcoin’s recent momentum appears to be waning after fresh U.S. inflation data and Federal Reserve Chair Jerome Powell’s remarks on the outlook for interest rates.

This week’s October inflation data suggests that the Federal Reserve may face a challenging path to reaching its 2% inflation target, possibly impacting rate cuts planned for 2025.

The US economy continues to show mixed signals, as new data was released today regarding the Producer Price Index (PPI) and unemployment claims.

The U.S. CPI data for October has been released, showing steady inflationary trends in both the annual and monthly figures.

On Tuesday, an unexpected announcement sent Dogecoin prices soaring, turning a popular meme-driven narrative into a real-life initiative.

Peter Schiff, a well-known critic of Bitcoin, has strongly opposed the idea of the United States creating a Bitcoin reserve, a proposal gaining traction with the potential re-election of former President Donald Trump.

The world’s governments are facing an urgent financial challenge, with massive debt coming due in the coming years.

Federal Reserve Chairman Jerome Powell’s recent comments indicate a potential clash with President-elect Donald Trump.

On November 8, China unveiled a major stimulus plan, allowing local governments to issue an additional $827.7 billion in bonds over the next three years to address rising “hidden debt.”

The Federal Reserve has decided to lower its key policy rate by a quarter percentage point following its latest policy meeting.

As Donald Trump is projected to win the U.S. presidency, financial markets are bracing for significant shifts.

The Federal Reserve is widely expected to lower interest rates this Thursday, marking its second rate reduction in just a few months.

With Donald Trump’s anticipated return to the presidency, global markets are bracing for an era of high tariffs that could rival protectionist policies from the 1930s.

As Donald Trump claims victory in the 2024 U.S. Presidential Election, the Republican Party is on track to secure substantial gains in Congress.

Kremlin spokesperson Dmitry Peskov has stated that he is unaware of any plans by President Vladimir Putin to congratulate Donald Trump on his lead in the U.S. presidential race, emphasizing that the U.S. is considered an unfriendly nation.

In a recent blog post, Shytoshi Kusama, the masked lead developer of SHIB, proposed the creation of a Strategic Hub for Innovation and Blockchain (S.H.I.B.) in a U.S. city, aimed at revolutionizing blockchain technology in the country.

On Monday, the US dollar weakened by 0.3% against major currencies, while Treasury yields rose as investors adjusted their expectations for the presidential election, particularly regarding Donald Trump.

With the 2024 U.S. presidential election drawing closer, the Federal Reserve and its chairman, Jerome Powell, are facing significant potential changes.

Chamath Palihapitiya, billionaire venture capitalist, argues that the U.S. economy may not be as healthy as it appears, suggesting that government spending has driven much of the growth seen in recent years.

The ‘Roaring Twenties,’ characterized by wealth and urban migration, ended abruptly as economic troubles emerged, particularly in Europe and the U.S. Scholars attribute this downturn to the Federal Reserve’s decision to cut the money supply, leading to a decline in economic output.