Crypto News

Fed's Harker: Inflation Easing but Still Below Target Level

Federal Reserve official Harker states that inflation has notably eased but has not yet reached the desired target. The Fed has not announced completion of its inflation management efforts.

European Central Bank Set for Bold 50 Basis Point Rate Cut in December

A recent analysis predicts a significant rate cut by the European Central Bank in December, potentially reducing rates by 50 basis points amidst stagnant Eurozone activity and cooling inflation. An...

September CPI Data Crucial for Federal Reserve's November Decision

UBS economist Brian Rose highlights that September's CPI will heavily influence the Federal Reserve's decision in November. If inflation rises unexpectedly alongside strong labor data, interest rat...

U.S. Public Debt Hits Record $35.75 Trillion: What It Means for the Economy

Bloomberg reports that U.S. public debt has soared to $35.75 trillion as of October 15, 2024. This historic level prompts serious discussions on the sustainability of fiscal policies and its impact...

Argentina's Rise in Stablecoin Adoption Amid Currency Crisis

A new study by Chainalysis reveals that stablecoin transactions in Argentina now account for 61.8% of all crypto activity, driven by the need for dollar exposure amid high inflation and currency de...