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Powell: The omission of a change in confidence language from the FOMC statement does not suggest any stickiness to inflation
Fed chairperson Jerome Powell said the omission of a change in confidence language from the FOMC statement did not imply any hint of stickiness in inflation. Asked about September's forecast for a 2025 rate cut, Mr. Powell said he did not rule that out or accept that possibility.
2024-11-07 19:52:24
QCP: The bearish trend of BTC and ETH continues to rise, and the election may return to the "good" market
The QCP released a weekend summary saying that Thursday's core PCE data was slightly better than expected (2.7% year-on-year growth versus 2.6% forecast). Conversely, Friday's non-farm payrolls (NFP) data was unexpectedly lower than expected (12,000 actually versus 110,000 forecast), causing the dollar index (DXY) to rebound and return to the 104 level. Bitcoin...
2024-11-02 10:31:25
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