Crypto News

US CPI Data Triggers Major Market Volatility

The recent release of the US Consumer Price Index (CPI) data has caused notable market fluctuations, impacting both gold and the US Dollar Index. Spot gold saw a price swing of $17, while the DXY f...

US September CPI Falls For Sixth Consecutive Month

The U.S. Consumer Price Index (CPI) for September reports a 2.4% annual rate, marking a sixth straight month of decrease, the lowest since February 2021, narrowly above the anticipated 2.3%.

Federal Reserve's Daly Emphasizes Restrictive Monetary Policy to Curb Inflation

On October 15, Federal Reserve's Daly reiterated the importance of a restrictive monetary policy to control inflation. The Fed is focused on its 2% inflation target while ensuring full employment, ...

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...

U.S. September PPI Stays Unchanged, Boosting Fed Rate Cut Hopes

The U.S. Producer Price Index (PPI) for September remained stable, bolstering expectations for a Federal Reserve rate cut next month. A drop in gasoline prices contributed to this stability, signal...