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Mayor Roddam discusses Bitcoin's economic impact on Rockdale.
Bitcoin

Bitcoin's Impact on Rockdale's Economy: Insights from Mayor Roddam

Mayor Ward Roddam of Rockdale, Texas highlights how Bitcoin mining revitalizes the local economy, creating jobs and attracting investment in the aftermath of a manufacturing decline.

economyFederal Reserve Rate Cut Insights for November 2023

Federal Reserve Set to Cut Rates by 25 Basis Points in November: Latest Insights

CME's 'FedWatch' tool reveals a 95.6% likelihood of a 25 basis points rate cut by the Federal Reserve in November, with an 84.1% chance for an additional 50 basis points cut by December. Explore th...

economyFederal Reserve policy shift and unemployment forecast by Williams.

Fed's Williams Anticipates Neutral Policy Shift and Future Rate Cuts

Federal Reserve's Williams suggests a gradual shift to a neutral policy stance. He expects the economy to support more rate cuts while predicting the unemployment rate to remain stable at 4.25% thr...

economyEconomist Peter Morici outlines inflation and stock price dynamics.

Economist Discusses Early Rate Cuts Impact on Inflation and Stock Markets

Peter Morici, an economist, warns that early rate cuts can lead to inflation. However, if the U.S. avoids recession, stock prices may benefit in the short term. Historical data highlights risks and...

core price indexGraph showing the increase in the US core price index for October 2023.

US Inflation Report: Core Price Index Surpasses Expectations

The latest US inflation report reveals a higher than expected core price index at 3.3%, significantly exceeding economists' predictions of 3.2%. This indicates that inflation concerns continue in t...

BlackRockBlackRock logo with financial graphs and interest rate trends.

BlackRock Predicts Gradual Fed Rate Cuts by 2025 Amid Stable Growth

BlackRock strategists foresee gradual interest rate cuts by the Federal Reserve, anticipating rates around 3.5% by early 2025 due to stable economic growth. Insights from the September meeting indi...