Dow, S&P 500, Nasdaq drop after inflation data surprises markets
U.S. stocks tumbled Wednesday after inflation data exceeded forecasts, raising fears of delayed rate cuts. The CPI report fueled uncertainty, sending the Dow, S&P 500,...
Tag : Federal Reserve
Powell signals willingness to review crypto debanking in Senate hearing
Federal Reserve Chair Jerome Powell said banking regulations should be reassessed to ensure they do not unfairly exclude crypto firms, following growing concerns over debanking...
Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs
U.S. stocks dropped Monday after Trump announced tariffs on China, Mexico, and Canada, but pared losses after he delayed Mexico tariffs for one month following...
Bitcoin at $105,000 as Powell backs banks serving crypto customers
Bitcoin jumped past $105,000 after the Fed kept rates steady, with Chair Powell confirming banks can serve crypto clients if they manage risks effectively....
US inflation persists as Trump’s tariff threats add economic concerns
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price...
Trump calls for immediate rate cuts as Fed meeting approaches
Despite calls from President Trump for immediate rate cuts, the Federal Reserve is poised to maintain current interest rates, leaving consumers struggling with persistent high...
Bitcoin drops 5 percent erasing $5,000 in a sudden price slump
Bitcoin plunged 5 percent, losing $5,000 per token, as $130M liquidated in long positions. Traders now focus on Fed decisions, GDP data, and inflation indicators....
Magnificent Seven tech giants dominate market in historic rise
U.S. markets soar with record gains in 2024, driven by Federal Reserve cuts, tech dominance, and robust earnings, but risks loom as Trump’s policies and...
U.S. inflation data fuels Bitcoin rally beyond the $100,000 threshold
Bitcoin rallied past $100,000 following softer U.S. inflation data, reflecting renewed optimism in risk assets and the growing correlation between digital tokens and equity markets....
Stock futures rise ahead of key inflation reports this week
Stock futures advanced Tuesday as traders await two key inflation reports, including PPI and CPI, expected to influence the Federal Reserve’s rate decisions and broader...