Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week. www.coindesk.com
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Regulation
Germany is ending tax-free bitcoin, and cutting the rate for traders
by shayaanby shayaanEveryone is reporting a tax rise. Do the arithmetic and Germany is cutting the top rate for active traders by nineteen points, …
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Markets
Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
by shayaanby shayaanThe August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may …
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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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Scams
Bitcoin Rises as Markets Digest Inflation Data Ahead of Fed Rate Decision
by shayaanby shayaanIn brief August CPI rose 3.4% year over year and 0.4% month over month, both matching consensus, per Bureau of Labor Statistics …
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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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Kraken has introduced Fixed Rate Rewards, a new addition to its Kraken Earn platform that lets eligible clients lock in a fixed …
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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 …