Economy News

Billionaire investor Ray Dalio has recently raised concerns about a potential economic downturn over the next four years and its impact on the U.S. dollar.

The PCE inflation report released moments ago will likely to reinforce expectations of an impending Federal Reserve interest rate cut.

Forecasting recessions has proven challenging, with several indicators recently suggesting downturns that haven’t materialized.

Arthur Hayes, CEO of BitMEX, has voiced concerns about the Federal Reserve’s potential interest rate cuts, highlighting a disconnect between political motivations and sound economic policy.

Jerome Powell, the Federal Reserve Chair, recently hinted at a potential interest rate cut in September, which could shake up the cryptocurrency market.

This week’s release of new inflation data is expected to make waves, potentially influencing the Federal Reserve’s decision on interest rates.

The crypto market experienced a strong upswing last week, driven by speculation about a possible Federal Reserve rate cut in September.