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Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says

The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month to reach 3.5%. The Bureau of Labor Statistics reported that…

Continue ReadingRate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says

Peter Schiff Warns High Inflation Returning — Accuses JPMorgan CEO Jamie Dimon of Sugarcoating the Problem

Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate hikes will be necessary. He also criticized JPMorgan CEO Jamie…

Continue ReadingPeter Schiff Warns High Inflation Returning — Accuses JPMorgan CEO Jamie Dimon of Sugarcoating the Problem

Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes

Inflation in the U.S. has remained persistent, experiencing increases in the first two months of 2024, prompting members of the U.S. Federal Reserve to exercise caution against premature rate reductions.…

Continue ReadingFed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes

Peter Schiff Warns of Severe Economic Repercussions, Highlights Inflation and Money Supply Concerns

In a recent analysis, economist Peter Schiff draws stark comparisons between the current U.S. economic optimism and the prelude to the 2008 financial crisis. Schiff, leveraging his expertise, warns of…

Continue ReadingPeter Schiff Warns of Severe Economic Repercussions, Highlights Inflation and Money Supply Concerns

Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady

The U.S. Consumer Price Index (CPI), experienced a 3.2% increase over the 12 months ending in February, marginally higher by 0.1% compared to January’s CPI. This development is not being…

Continue ReadingFinancial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady

CPI Report Triggers Market Tumble: Stocks and Crypto Decline as Inflation Concerns Mount

On Tuesday, the U.S. Bureau of Labor Statistics released its Consumer Price Index (CPI) report, indicating a 0.3% rise in January. Following the release, all three major stock indices experienced…

Continue ReadingCPI Report Triggers Market Tumble: Stocks and Crypto Decline as Inflation Concerns Mount

Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO

Regardless of what changes Javier Milei brings to Argentina’s monetary system, stablecoin is likely to have an unshakable place in the economy, Sebastián Serrano said.

Continue ReadingStablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO