US Treasury Yield Hits Multi-Year High amid Fed Rate Decision
Amid sticky inflation, Fed Chair Jerome Powell said that they would approach the monetary policy very cautiously. Analysts expect only two rate cuts instead of four, in 2024.
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Amid sticky inflation, Fed Chair Jerome Powell said that they would approach the monetary policy very cautiously. Analysts expect only two rate cuts instead of four, in 2024.
While all the predictions from influential figures and institutions mentioned in our article provide intriguing insights, it’s always crucial to approach them with caution.
Heightened Bitcoin demand by institutional investors amid the incoming halving event in about six months has kept the bullish narrative alive.
Arm has concluded its debut on the Nasdaq after launching an IPO where shares closed nearly 25% higher on the day.
High energy prices can have a cascading effect on other sectors of the economy, contributing to the overall rise in consumer prices.
During the Arm IPO, about 95.5 million ADSs will be issued by SoftBank Group’s subsidiary with underwriters having access to 7 million more shares to cover over-allotments.
Core inflation in August rose as the CPI showed price increases across several points, including energy, housing and airfares.
According to the announcement, the iPhone 15 Pro can help to create “spatial videos” which make use of two of the device’s cameras to capture video in 3D.
Bitcoin and the broader crypto market have come under major selling pressure amid news of the FTX creditor liquidation.
Arm has successfully secured a lineup of cornerstone investors for its IPO, including some of the biggest names in the tech industry.
In addition to the JPM Coin, JPMorgan is now developing another blockchain asset that will function as a deposit token for cross-border transactions.
Bitcoin, which rose after Grayscale won its SEC case, has fallen to its lowest point since March as the market awaits an ETF decision.
China’s efforts to support and revive its property sector took a notable turn recently with a series of monetary policy adjustments to provide relief to the struggling real estate market.
Bitcoin continues to show weakness as the BTC price can move towards $24,000-25,000 as it goes to test the 200-week EMA once again.
Additionally, UBS has announced its decision to fully integrate Credit Suisse’s domestic banking unit into its operations.