🇺🇸 Fed’s Jerome Powell emphasizes need more evidence that inflation is easing before cutting rates - CNBC
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📊 Powell still expects Fed to lower rates this year as inflation follows a 'bumpy' path down to 2%.
Federal Reserve Chair Jay Powell doubled down Wednesday on his belief that inflation was on a "bumpy" path down to 2% and that central bank officials expect to lower rates at "some point" this year.
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Federal Reserve Chair Jay Powell doubled down Wednesday on his belief that inflation was on a "bumpy" path down to 2% and that central bank officials expect to lower rates at "some point" this year.
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📊 World Indices :
SPX - 5,247.14 (0.68%)
🚀 Cryptocurrencies :
Bitcoin USD - 67,350.50 (2.23%)
Ethereum USD - 3,370.24 (1.62%)
🌟 Commodities :
Crude - 85.29 (-0.16%)
Gold - 2,306.80 (-0.35%)
Silver - 27.01 (-0.18%)
@Fin_Watch
SPX - 5,247.14 (0.68%)
🚀 Cryptocurrencies :
Bitcoin USD - 67,350.50 (2.23%)
Ethereum USD - 3,370.24 (1.62%)
🌟 Commodities :
Crude - 85.29 (-0.16%)
Gold - 2,306.80 (-0.35%)
Silver - 27.01 (-0.18%)
@Fin_Watch
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🚨🚨🚨 Fed's Kashkari on CNBC: Fed Might Not Cut Interest Rates if Inflation Stalls.
Minneapolis Fed President Neel Kashkari stated on CNBC that the Federal Reserve is considering the possibility of not lowering interest rates this year if inflation remains stagnant.
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Minneapolis Fed President Neel Kashkari stated on CNBC that the Federal Reserve is considering the possibility of not lowering interest rates this year if inflation remains stagnant.
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📊 World Indices :
SPX - 5,178.26 (0.6%)
🚀 Cryptocurrencies :
Bitcoin USD - 67,562.58 (0.31%)
Ethereum USD - 3,284.30 (-2.55%)
🌟 Commodities :
Gold - 2,317.80 (0.4%)
Crude - 86.47 (-0.14%)
Silver - 26.940 (-1.13%)
@Fin_Watch
SPX - 5,178.26 (0.6%)
🚀 Cryptocurrencies :
Bitcoin USD - 67,562.58 (0.31%)
Ethereum USD - 3,284.30 (-2.55%)
🌟 Commodities :
Gold - 2,317.80 (0.4%)
Crude - 86.47 (-0.14%)
Silver - 26.940 (-1.13%)
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📣 Elon Musk accuses Reuters of lying and denies that Tesla has scrapped plans for a low cost car.
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🇨🇳 China will use AI to disrupt elections in the US, South Korea and India, Microsoft warns
China openly said they will vote for Biden and ensure he stays in power 👀
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China openly said they will vote for Biden and ensure he stays in power 👀
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📊 #Tesla has decided to scrap its plans for a budget-friendly electric vehicle, according to Reuters.
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🇨🇦 Canada's economy unexpectedly lost 2,200 jobs last month, going against economists' expectations of adding 25,000 jobs.
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1. Stocks are rising like the Fed is about to cut rates
2. Bonds are falling like rate hikes are coming back
3. Gold prices are rising like we are entering a recession
4. Oil prices are rising like the economy is perfectly fine
5. #Crypto is at all time highs like absolutely nothing is happening
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⚡️Breaking: Zimbabwe 🇿🇼 is replacing its battered dollar with a new currency backed by a basket that includes foreign currencies, gold and other precious metals.
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📊 World Indices :
SPX - 5,204.34 (1.11%)
🚀 Cryptocurrencies :
Bitcoin USD - 67,709.86 (0.22%)
Ethereum USD - 3,319.04 (1.06%)
🌟 Commodities :
Crude - 86.73 (0.16%)
Gold - 2,349.10 (1.76%)
Silver - 27.60 (1.3%)
@Fin_Watch
SPX - 5,204.34 (1.11%)
🚀 Cryptocurrencies :
Bitcoin USD - 67,709.86 (0.22%)
Ethereum USD - 3,319.04 (1.06%)
🌟 Commodities :
Crude - 86.73 (0.16%)
Gold - 2,349.10 (1.76%)
Silver - 27.60 (1.3%)
@Fin_Watch