The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may …
hike
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Finance
Core CPI rose a faster-than-forecast 0.3% in August, setting up Fed rate hike
by shayaanby shayaanU.S. inflation data in August came in broadly in line with estimates, but the core rate rose faster than expected, putting a …
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Traders could look past an expected Fed hike and weigh what higher rates are signaling about the economy. www.coindesk.com
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The argument for a Fed interest rate hike later this month is getting louder in the wake of Friday’s stellar jobs report. …
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Finance
What Do This Week’s Economic Data from the U.S. Mean? Will There Be an Interest Rate Hike?
by shayaanby shayaanWhile the August non-farm payrolls data from the US presented a strong picture in the headlines, analysts noted that when one-off effects …
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Markets
Bitcoin back above $81,000 as hike odds fade, Zcash leads with 15% jump
by shayaanby shayaanEvery major token gained on Friday as traders cut bets on a September Federal Reserve rate increase to a coin flip, though …
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September rate-hike odds have fallen to 38% on Polymarket after Federal Reserve Governor Christopher Waller said cooling August inflation could persuade him …
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Finance
September Fed rate hike fears look overblown as the probability stands at just 58%, not 90%
by shayaanby shayaanOn Friday, Warsh said inflation data “are more concerning” than trends in the labor market, adding that inflation is unlikely to return …
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Finance
Federal Reserve Chairman Kevin Warsh Allegedly Prepared to Support Interest Rate Hike at September Meeting
by shayaanby shayaanFederal Reserve Chairman Kevin Warsh is reportedly prepared to support a rate hike at the September meeting if inflation data, due to …
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As is known, the US Federal Reserve (FED) announced its eagerly awaited July decision and, as expected, kept the policy interest rate …