Economy News

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.