Tag: inflation
Federal Reserve officials were split last month on whether to increase interest rates or keep them steady, with many seeing accelerating demand for artificial intelligence as a driver of inflation,…
TL;DR Bitcoin fell below the $59,000 threshold as macro pressure returned to crypto markets. The BEA reported May PCE inflation at 4.1% year-over-year, according to the repaired source batch. CoinGlass…
Federal inflation data released Thursday showed prices rising at the fastest annual rate in three years, posing serious challenges for President Trump and policymakers. The Federal Reserve’s preferred gauge of…