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Powell: Inflation has slowed significantly but remains above 2% target

CointimeCointime2024/07/09 15:01
By:Cointime

Federal Reserve Chairman Powell stated that inflation has significantly slowed down but is still above the target of 2%. The data from the first quarter does not support confidence in the inflation path, which is what the Fed needs for interest rate cuts. It appears that GDP growth has slowed down in the first half of 2024.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BlackRock CEO Larry Fink Makes Bullish Remarks on Bitcoin

Larry Fink, CEO of BlackRock, the world's largest asset manager, spoke about Bitcoin in his statement.

Bitcoinsistemi•2024/09/21 18:51

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