Minneapolis Federal Reserve Bank President Neel Kashkari said he feels U.S. monetary policy is currently "modestly restrictive," with short-term borrowing costs continuing to slow inflation and the economy, but not by a lot. "The U.S. economy is in a good place," Kashkari said at a Yahoo! Finance event.
Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.
(Bloomberg) -- Treasury yields resumed their rise as investors looked ahead to crucial consumer price data on Wednesday, which could further erode confidence in Federal Reserve interest-rate cuts over the next year.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictTwo-year yields — more closely tied to
(Bloomberg) -- Scott Kleinman, co-president at Apollo Global Management Inc., has warned markets not to get too comfortable with the current trajectory of inflation and interest rates.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo District“Inflation is not tamed,” Kleinman said in a Bloomberg Television int
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
(Bloomberg) -- A major US oil industry lobbying group is pushing for President-elect Donald Trump and the Republican-controlled Congress to boost offshore crude-lease sales, reform permitting and quickly process applications related to liquefied natural gas shipments.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’
Bitcoin remains in the spotlight on Tuesday as the cryptocurrency closes in on the $90,000 level for the first time amid a post-election rally. Monitor these important chart levels.
Smaller railroads have received $2.6 billion for more than 220 projects since the inception of the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvement grant program. The post ASLRRA head calls federal grant program ‘godsend’ to short lines appeared first on FreightWaves.
October's Consumer Price Index will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its next interest rate decision.
The Shiba Inu-themed memecoin has almost tripled in the last week.
