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Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says

A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal…

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Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide

Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only…

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Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts

Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic…

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US Payrolls Revised Down by 818,000, Largest in 15 Years: QCP Capital Analyzes Impact on Markets

QCP Capital reports that the largest downward revision to U.S. payrolls in 15 years has raised concerns over the strength of the labor market. The report suggests that these revisions…

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Claudia Sahm Warns Fed: Delayed Rate Cuts Could Spur Unnecessary Recession

In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession…

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Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints

The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation…

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