September ‘crash’ to $22K? — 5 things to know in Bitcoin this week
BTC price is looking frail as August comes to an end, and with Bitcoin bulls out of ammo, traders are preparing for more pain to come.
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Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority…
Gold Slides on Higher US Treasury Yields, Dollar
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate…
Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the…
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate…