What does high March inflation mean for the Fed and the economy?

What does high March inflation mean for the Fed and the economy?

What does high March inflation mean for the Fed and the economy? – CBS News Watch CBS News The annual inflation rate hit 3.5% in March, the highest since September. Martin Baccardax, senior editor and chief markets correspondent at “TheStreet,” joins CBS News to examine what’s behind the increase and …

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Choppy Bitcoin Price Action Continues Ahead of Friday’s Jobs Report

Choppy Bitcoin Price Action Continues Ahead of Friday’s Jobs Report

Most of bitcoin’s rally in 2024 roughly came from mid-February to mid-March. It was during this time that the spot ETFs were regularly adding 5,000-13,000 bitcoin each day, even with sizable selling by Grayscale’s GBTC. The action since, however, has seen big sales of bitcoin continuing at GBTC, while purchases …

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Why gold prices are rising to a record high – Times of India

Why gold prices are rising to a record high – Times of India

Gold rose to a record as indications the Federal Reserve is getting closer to cutting interest rates added impetus to a rally that’s also been driven by geopolitical tensions and robust Chinese demand.Bullion jumped to as much as $2,265.73 an ounce on Monday, up 1.6% from Thursday’s close, after setting …

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Interest rates hit 23-year peak as Federal Reserve battles inflation

Interest rates hit 23-year peak as Federal Reserve battles inflation

Interest rates hit 23-year peak as Federal Reserve battles inflation – CBS News Watch CBS News In a move to combat rising inflation, interest rates have soared to their highest in nearly a quarter-century. The Federal Reserve is concluding a two-day policy meeting today. Their decisions could significantly impact borrowing …

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