Crypto News

Federal Reserve Rate Cut Probabilities for November Revealed

The CME 'FedWatch' tool suggests a 62.8% chance of the Federal Reserve cutting rates by 25 basis points in November. A 37.2% likelihood of a 50 basis point cut also exists, highlighting shifting mo...

U.S. September Manufacturing PMI Falls to 47.3, A New June Low

The S&P Global Manufacturing PMI for September 2023 recorded a final reading of 47.3, reflecting a downward trend since June. This figure, though slightly above expectations, highlights ongoing...

U.S. September Manufacturing PMI Falls to Lowest Level Since June 2023

The U.S. September S&P Global Manufacturing PMI finalized at 47.3, falling short of previous estimates and signaling concerns in the manufacturing sector. This figure represents a continuation ...

Federal Reserve Governor Bowman's Worries on Core Inflation

Federal Reserve Governor Michelle Bowman expresses ongoing concerns about core inflation rates remaining above the 2% target, highlighting continued monetary policy challenges.

Germany's Inflation Eases, But Core and Service Sector Rates Remain Steady

In September, Germany's inflation saw a slowdown overall, yet core inflation and service sector inflation remained unchanged. Despite rising market expectations for an October rate cut, economist F...