Goldman Sachs Lowers US Recession Risk to 20%
1 Mins read
Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data…
UBS Urges Caution Despite Positive US Economic Data
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UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales,…
Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000
2 Mins read
Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to…
Fedwatch Tool and Polymarket Point to Highly Probable Rate Cuts by the Fed
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Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut…
6 Indicators of Economic Trouble: Is a US Recession on the Horizon?
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At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from…
Bitcoin and Crypto to Gain as Falling Rates Expand Global Liquidity, Says 21shares VP
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The head of strategy at crypto investment firm 21shares has explained that the broad-based bitcoin selloff following the Federal Reserve’s decision to…
No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
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The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from…
US Senators Urge Federal Reserve to Cut Interest Rates — Warn Fed Policy Threatens Economy, Risks Recession
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Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing that high rates stifle the economy and…
European Central Bank Cuts Rates by 0.25%, Confirms Data-Driven Approach for Path Ahead
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The European Central Bank announced cuts of 0.25% (or 25 basis points) on three of its main interest rates: the main refinancing…
Goldman Sachs CEO Forecasts No Fed Rate Cuts This Year
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David Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy,…