You know how sometimes prices go up, making things cost more? Well, that's called inflation. The Federal Reserve has a special way to measure this, and in November, their gauge showed a smaller increase than expected. That's good news, right? Not so fast! Economists were actually expecting a bigger
Bitcoin took a dive below $92, 000 on Friday morning, rebounding slightly to $94, 104. 06. This drop follows the Federal Reserve’s signal that they’ll slow down interest rate cuts in 2025. Over the past day, Bitcoin has fallen by about 7. 7%, and since the start of the week, it’s down over 10% from
On Wednesday, the market took a tumble with the Dow Jones losing over 1, 100 points. Surprisingly, this happened after the Federal Reserve announced plans to cut interest rates twice more in 2025. The S&P 500 and Russell 2000 also suffered significant losses, falling below important thresholds. Trea
The Federal Reserve is gearing up for another rate cut, which could mean lower interest rates on your credit cards, home loans, and car loans. This will be the third rate cut since September, bringing the total drop to 1 percentage point. While borrowers may celebrate, things get trickier for savers
The Dow Jones Industrial Average has been falling for the longest stretch in over 40 years. Investors are losing hope that the Federal Reserve will quickly cut interest rates next year. The Fed is meeting this week to decide on another rate cut. But investors are unsure how aggressive the central ba
Hey there! You might be hoping for lower borrowing costs for stuff like homes and cars. But bad news! The Federal Reserve, the folks who control interest rates, is probably going to slow down how quickly they cut rates next year. They're meeting this week and are likely to reduce their benchmark rat
Bitcoin hit a record high over the weekend, reaching $106, 449 before dropping below $104, 000 on Monday. This rollercoaster ride comes as the Federal Reserve is set to make its final interest rate decision of the year. Investors are eagerly waiting to see if the Fed will cut rates again, which coul
You might not expect the Federal Reserve Chair, Jerome Powell, to influence bitcoin's value. But during a recent talk with CNBC, Powell’s comments gave bitcoin a boost. He revealed he doesn't own any crypto and noted that the Fed can't control it. But when he compared bitcoin to gold, people took no
Imagine this—Bitcoin exchange-traded funds (ETFs) in the US now hold over a million tokens, roughly 5% of the total supply. That's almost the same amount the mysterious creator, Satoshi Nakamoto, owns! But here's a twist: a Senate ally of former President Trump wants to sell some Federal Reserve gol
Last week, Federal Reserve Chairman Jerome Powell spoke at an event in Dallas. He emphasized the importance of the Fed's independence from politics. Powell got a big laugh from the crowd when he avoided talking about President Trump's plans to deport undocumented immigrants. He made it clear that po
