US Economy Flashes Signals of Hope and Concern in Mixed Data
Data this week generated a mixed report card of the US economy, showing both resilience in the face of high inflation and signs of troubles ahead. Consumers continue to spend,
3 reasons why the Bitcoin price bottom is not in
On the daily chart, BTC’s price climbed 2.58% to $21,372 per token but was still down by nearly 14.5% week-to-date, its worst weekly returns since mid August. Nonetheless, some on-chain
Flash PMIs, Jackson Hole, and the Price Action
For many, this will be the last week of the summer. However, in an unusual twist of the calendar, the US August employment report will be released on September 2,
China just ran into something that could be even more devastating for its supply chains than COVID-19 lockdowns: A record heat wave
COVID-19 lockdowns in China threw a wrench into global supply chains earlier this year, causing shipping and production delays worldwide, and hindering economic growth. Now, the country is facing another Indian authorities freeze more crypto funds over money laundering allegations
India’s Directorate of Enforcement (ED) announced Friday that it has frozen the financial accounts of Bengaluru-based financial services company Yellow Tune Technologies, some of which were held by Flipvolt crypto
Gold up 4th Week in Row, Triumphing Over Inflation Data
Investing.com — Gold’s naysayers have done all they can to pooh-pooh the yellow metal’s return to $1,800. But the negative talk hasn’t been able to stick long enough to do
Week Ahead Economic Preview: Week of 15 August 2022
Meeting minutes from the Fed and the RBA will be released in the coming week while Q2 GDP data for the Eurozone, Japan, Thailand, the Netherlands and Poland will be
US Dollar Vulnerable to Less Hawkish FOMC Minutes
The statement may show a growing discussion to winddown the hiking-cycle after pushing the Federal Funds rate to neutral, and the central bank may deliver smaller rate hikes over the
Bowman: Fighting Inflation in Challenging Times From federalreserve.gov
Thanks to the Kansas Bankers Association for the invitation to share my perspective on the economy and bank regulation. It is always a pleasure to be here with you for