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Former US Treasury Secretary Larry Summers Says He’s ‘Nervous’ About Inflation and Federal Reserve’s Next Move

Former US Treasury Secretary Larry Summers Says He’s ‘Nervous’ About Inflation and Federal Reserve’s Next Move

Former United States Secretary of the Treasury Larry Summers is expressing apprehension about the inflation outlook in the world’s largest economy. In an appearance at the All-In Summit 2023, Summers says that the Federal Reserve might be wrong in its views regarding the effectiveness of the measures it has taken to address inflation. “I think […]

The post Former US Treasury Secretary Larry Summers Says He’s ‘Nervous’ About Inflation and Federal Reserve’s Next Move appeared first on The Daily Hodl.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

VanEck CEO Says Gold and Bitcoin (BTC) in Early Stages of New Multi-Year Bull Cycles

VanEck CEO Says Gold and Bitcoin (BTC) in Early Stages of New Multi-Year Bull Cycles

VanEck CEO Jan van Eck says both gold and Bitcoin (BTC) are likely to take off on huge multi-year bull cycles. In a new interview with CNBC, van Eck is forecasting that economic conditions are likely to increase the value of gold and Bitcoin which many investors view as a hedge against depreciating currencies. He […]

The post VanEck CEO Says Gold and Bitcoin (BTC) in Early Stages of New Multi-Year Bull Cycles appeared first on The Daily Hodl.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues

FX Strategists From Citi Say Euro Could Sink to alt=While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists from Citi argue that the […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September

Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in SeptemberThe latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’

Euro Taps a alt=On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’

US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’On September 13, the U.S. Bureau of Labor Statistics reported the country’s consumer price index (CPI) inflation jumped by 8.3% annually in August. The reduction was less than expected and market analysts believe the U.S. Federal Reserve will continue its aggressive rate hikes going forward. US Consumer Prices Increased at an 8% Annual Pace of […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Crypto Capitalist Arthur Hayes Says Fed Could Trigger Bitcoin (BTC) Rallies Despite Hawkish Stance – Here’s How

Crypto Capitalist Arthur Hayes Says Fed Could Trigger Bitcoin (BTC) Rallies Despite Hawkish Stance – Here’s How

One crypto exchange’s former CEO is weighing in on the state of the economy after the Federal Reserve recently announced that it doesn’t plan to lower interest rates anytime soon. In a series of tweets, BitMEX co-founder Arthur Hayes hypothesizes how the Fed might be able to reduce assets and liabilities on its balance sheet […]

The post Crypto Capitalist Arthur Hayes Says Fed Could Trigger Bitcoin (BTC) Rallies Despite Hawkish Stance – Here’s How appeared first on The Daily Hodl.

Solana ETF Momentum Grows Amid Reports of SEC Engagement

ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation

ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid InflationAccording to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her interview with Madame Figaro, Lagarde stressed that people need to take into account that “climate disasters” affect price stability a great deal. ECB Board Member […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

July’s CPI Report Shows US Inflation Cooling — Critics Say ‘US Government’s Formula Understates the Actual Rise in Prices’

July’s CPI Report Shows US Inflation Cooling — Critics Say ‘US Government’s Formula Understates the Actual Rise in Prices’After last June’s inflation report published by the U.S. Bureau of Labor Statistics indicated that the Consumer Price Index (CPI) reflected a 9.1% year-over-year increase, July’s CPI data has come in lower with a year-over-year increase of 8.5%. Economists polled by media publications estimated that July’s CPI data would print 8.7%, however, July’s core CPI, […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Bitcoin, Stocks and Commodities Will Rally When Fed Is Forced To Pivot and Continue Money Printing: Coin Bureau

Bitcoin, Stocks and Commodities Will Rally When Fed Is Forced To Pivot and Continue Money Printing: Coin Bureau

A popular crypto analyst is making a macroeconomic forecast to see what the future might hold for risk-on assets like Bitcoin (BTC). In a new strategy session, the pseudonymous host of Coin Bureau known as Guy notes that periods of high inflation have historically lasted roughly three years, which could give hints as to when […]

The post Bitcoin, Stocks and Commodities Will Rally When Fed Is Forced To Pivot and Continue Money Printing: Coin Bureau appeared first on The Daily Hodl.

Solana ETF Momentum Grows Amid Reports of SEC Engagement