County Jerome Financial News
17.04 / 08:03
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A top Federal Reserve official opens door to keeping rates high for longer
Federal Reserve Vice Chair Philip Jefferson suggested that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation
17.04 / 07:19
markets
BTC
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Bitcoin
top crypto gainers today
Top Crypto Gainers Today on DEXScreener – AIM, NEAI, NITEFEEDER
With major cryptocurrencies flat over the past 24 hours following a choppy day of trade, traders hunting for top crypto gainers today that might deliver them quick gains continue to flock to the highly volatile and illiquid on-chain micro-cap markets.
17.04 / 03:57
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Gold steady as geopolitical risks counter higher treasury yields
Gold prices held steady on Wednesday as safe-haven demand for bullion amid the Middle East conflict partially offset pressure from higher U.S. Treasury yields. FUNDAMENTALS
17.04 / 03:57
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International
Asian shares mixed as Fed's Powell rethinks rate cuts, yields jump
Asian shares were mixed on Wednesday as the world's most powerful central banker had a change of heart on U.S. rate cuts this year, pushing Treasury yields to new five-month highs and the dollar towering against other currencies. The beleaguered yen is plumbing fresh 34-year lows on an almost daily basis. It was last steady at 154.62 per dollar as the risk of government intervention loomed, although so far there has been no action from Tokyo apart from verbal warnings.
17.04 / 03:15
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Progressive
Yellow
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Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh
₹30, or 0.04% to ₹72,999 per 10 grams on MCX. During the day, gold rate hit a high of ₹73,315 level. Silver price closed down by ₹24, or 0.03%, at ₹83,480 per kg on MCX.
17.04 / 01:31
BTC
Bitcoin
Best Crypto
Best Crypto to Buy Now April 16 – Celestia, Pepe, Fantom
With cryptocurrency markets a sea of red on Tuesday, the market continues to be on shakey ground due to concerns about Middle Eastern geopolitical tensions and the diminishing likelihood of near-term Fed interest rate cuts. Investors are thus turning to smaller and lesser-known altcoins as they hunt for the best crypto to buy today.
16.04 / 19:53
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COST
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Powell indicates delay in Fed rate cuts
Federal Reserve chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cut interest rates following a series of surprisingly high inflation readings.
16.04 / 19:37
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Fed Chair Powell says there has been a 'lack of further progress' this year on inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank's goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon.
16.04 / 17:53
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Citi
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Research
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Gold price eases despite Iran-Israel tensions; silver surges 1.4%
Gold prices likely to go up to $3,000 an ounce: Citi Report Additionally, Monday's data revealed that U.S. retail sales had surpassed expectations for March. Concurrently, 10-year Treasury yields had risen for the second consecutive day, diminishing the attractiveness of non-yielding bullion.
16.04 / 17:17
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Watch Fed Chair Powell speak live during a policy forum in Washington
[The stream is slated to start at 1:15 p.m. ET. Please refresh the page if you do not see a player above at that time.]
16.04 / 16:15
markets
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BLOCK
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BlackRock
Bitcoin
Bitcoin tops $67,000 as US Federal Reserve keeps rates steady
Bitcoin briefly soared above $67,000 (€61,544) on Thursday morning, before once again settling around $61,544 in the afternoon. This was a considerable rebound following Wednesday’s dampened sentiment.
15.04 / 20:37
BTC
Bitcoin
Best Crypto
Best Crypto to Buy Now April 15 – CORE, NEO, PENDLE
With cryptocurrency markets are choppy on Monday as traders weigh potentially easing geopolitical risks in the Middle East against another stronger-than-expected US economic data release, which has pushed traders further downsize bets on near-term rate cuts from the US Federal Reserve, crypto investors are turning to the altcoin market as they hunt for the best crypto to buy now.
13.04 / 04:45
markets
UPS
JPMorgan
Strategy
Risk-addicted Wall Street funds are shaken as bad news piles up
Jerome Powell was poised to kick off the great monetary pivot in earnest thanks to the steady demise of inflation, while Corporate America’s famous profit machine vindicated the euphoria on Wall Street and beyond. Now after a week of geopolitical tensions and bond volatility, life is getting harder for money managers who are sitting on some of their highest exposures to stocks and credit combined in a decade.
12.04 / 17:11
10.04 / 22:53
Target
Progressive
economy
Sustainability
Food
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reports
Fed officials worried inflation progress is stalling, meeting minutes show
Inflation is falling but buying food can still be expensive. Grocery prices surged 21% in the last three years, surpassing the overall 18% pace of inflation during that same time period, according to the Bureau of Labor Statistics.
10.04 / 18:21
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Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate
Federal Reserve officials at their March meeting expressed concern that inflation wasn't moving lower quickly enough, though they still expected to cut interest rates at some point this year.
10.04 / 14:57
Target
Research
track
Rate Cut
US inflation spike to 3.5% tempers Fed rate cut expectations
The Bureau of Labor Statistics revealed the US Consumer Price Index rose to an annual rate of 3.5% in March, an increase from February's figure of 3.2%. Similarly to February, shelter and gasoline were the biggest contributors, responsible for over half of the monthly increase in the index for all items. Jerome Powell: Rate cuts likely as US inflation is on track to meet target Richard Carter, head of fixed interest research at Quilter Cheviot, said the figures have «dashed any remaining hopes» for a May rate cut, as CPI is «firmly» above the Fed's 2% target and has been heading i...
09.04 / 11:09
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Progressive
economy
Food
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reports
March inflation report: another month of 'hot' price gains expected
Former Kansas City Federal Reserve Bank President Thomas Hoenig reacts to Jerome Powell saying the Fed is not ready to start cutting rates on 'Cavuto: Coast to Coast.'
08.04 / 15:31
08.04 / 14:59
06.04 / 05:45
markets
UPS
BTC
Bitcoin news
Bitcoin
Bitcoin Price Prediction as BTC Spikes Up 2% – Time to Buy?
Bitcoin showcased a notable increase of over 2%, hitting $67,500, stirring discussions on whether it’s the right time to buy. Concurrently, Ethena Labs has strategically reinforced USDe’s foundation by integrating Bitcoin into its collateral pool, aiming to boost the synthetic dollar’s liquidity and market stability.
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