Investing.com — Cleveland Fed President Loretta Mester said Tuesday she continues to see interest rate cuts this year, but said pivoting to cuts too early rather than keeping them higher for longer was the bigger risk. If the economy evolves as expected, then in my view it will be appropriate for the FOMC to begin…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday she continues to think the central bank is on track to cut rates this year but still needs to see the data confirm such a move is possible. “If the economy evolves as expected, then in…
By Promit Mukherjee OTTAWA (Reuters) – Prime Minister Justin Trudeau on Tuesday launched a C$6 billion ($4.42 billion) Canada Housing Infrastructure Fund to accelerate the construction and upgrading of housing. WHY IT’S IMPORTANT Canada faces a housing affordability crisis as a rapidly increasing immigrant population has far outpaced the number of available homes, leading to…
By Lucia Mutikani WASHINGTON (Reuters) -U.S. job openings edged up in February, though labor market conditions are gradually easing in support of expectations that the Federal Reserve will start cutting interest rates by June. The Job Openings and Labor Turnover Survey, or JOLTS report, from the Labor Department on Tuesday showed there were 1.36 vacancies…
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will return to China this week to continue her economic dialogue with top Chinese officials amid a new emphasis on the global threat posed by the Asian superpower’s growing excess industrial capacity, the Treasury Department said on Tuesday. The April 3-9 trip, which will be Yellen’s second…
Spot Bitcoin ETFs had a big role in maintaining the bull run in March, resulting in new ATH for BTC price. On-chain data reveals that the trading volume for spot Bitcoin Exchange-Traded Funds (ETFs) increased by $111 billion in March. This figure nearly triples the trading volume observed in February, strengthening the bullish confidence amid…
The race for supremacy between meme coins has become a focal point for both investors and market analysts. As we edge closer to 2024, the question on everyone’s lips is whether Pepecoin (PEPE) will outshine Shiba Inu (SHIB) in terms of profitability. With both coins having their unique charm and a dedicated community, the battle…
Recently, the market witnessed a significant decline, with several crypto assets shedding their upward momentum and moving toward their immediate support levels. This trend has led to a surge in red candles, particularly in the meme coin sector, where leaders such as Dogecoin and Shiba Inu slipped below bullish price points. As prices continue to…
2023 turned out to be the year spent rebounding from a dismal bear market caused by the events in 2022. Cryptocurrency is back into bull territory, and there is no better evidence of that than Bitcoin’s rally in 2024. Bitcoin touched its all-time high in March, surging to the $73,750 mark. Analysts believe that this…
Cryptocurrency watchers are abuzz as Whale Alert, a top blockchain tracker, uncovers major moves involving two big meme coins, DOGE and SHIB. These massive transfers, worth millions, are shaking things up in the meme coin world and sparking questions about why these huge transactions are happening. DOGE Drama Whale Alert recently tweeted about a hefty…
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