News list for " Inflation"
President Trump: Inflation will fall further, but not deflation.
At 23:00 Beijing time, the PCE data, the Federal Reserve's favorite inflation indicator, will be released. Since the CPI data has been officially absent, tonight's data will be the only inflation guidance before the Federal Reserve's December meeting. The market will zoom in on every detail of the report and be vigilant for market fluctuations. (Jin Ten)
Federal Reserve official Barkin said the unemployment rate looks a bit unstable, while inflation has improved.
The Federal Reserve's Goolsbee said that we will and must keep inflation at 2%.
With Venezuela's annual inflation rate soaring to 229%, stablecoins such as USDT have become the "de facto" currency in the financial system for millions of Venezuelans. Locals are said to refer to Bitcoin as the "Binance Dollar", while the country's currency, the bolivar, has largely disappeared from daily business activities. Hyperinflation, strict capital controls, and a differentiated exchange rate landscape have made people increasingly prefer stablecoins to cash or local bank transfers. Fr...
US President Trump: Prices in the US have "fallen dramatically" and there is little inflation. (Jin Ten)
As Venezuelan citizens turn to digital assets to fend off the effects of currency crashes and tighter government controls, cryptocurrencies are becoming a core component of their economy. According to the Chainalysis Cryptocurrency Adoption Index 2024 report, Venezuela ranks 13th in the world in terms of cryptocurrency adoption, which notes that Venezuela's cryptocurrency usage has increased by 110% in a single year.
Mild inflation data ignited market optimism, with the Federal Reserve's interest rate cut expectations dominating the market. Click to view...
The NEAR Protocol official said that the community has initiated a vote on a proposal to reduce the fixed annual inflation rate of NEAR tokens from 5% to 2.5%, and plans to flexibly adjust it in the future. This vote will close when one of the following two scenarios occurs: 1. More than two-thirds of the pledged shares voted "yes"; 2. Deadline for arrival (8:00 on August 1, 2025, UTC + 8).
Trump said: "In case inflation comes back, just'raise interest rates', very simple!" Click to view...
