Fed Chair Backs Stablecoin Oversight, Warns on Tariff-Driven Inflation
As the cryptocurrency world steps closer to the financial mainstream, U.S. Federal Reserve Chair Jerome Powell reignited calls for a…
Tag: inflation
Latest Inflation Data Sinks BTC and Several Altcoins
A hotter-than-expected U.S. inflation report shocked the financial markets today (Wednesday), triggering sharp declines across cryptocurrencies and equities. Bitcoin tumbled…
ECB makes 25 bps rate cut as inflation drops to three-year low
Key Takeaways ECB’s rate cut follows a significant drop in inflation to 1.8%. Further rate reduction anticipated by markets by…