Economics
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Markets
Goldman Sachs Raises Gold Price Forecast to $2,700, Acknowledges Rise Not Caused by Usual Macro Factors – Economics Bitcoin News
Goldman Sachs, a leading investment banking institution, has updated its gold price forecast due to the unforeseen strong performance of…
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Markets
Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics – Economics Bitcoin News
As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the…
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Markets
Costco Gold Business Booming: Estimations Put Monthly Sales Close to $200 Million – Economics Bitcoin News
According to Wells Fargo estimations, U.S.-based retailer Costco runs a $200 million gold business monthly. Consumer trust in the organization…
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Markets
Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says – Economics Bitcoin News
The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month…
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Markets
Bitcoin Reportedly Hindering El Salvador’s Credit Opportunities With the IMF – Economics Bitcoin News
Bitcoin and its adoption by the government of El Salvador have become a negative factor in the country’s negotiations with…
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Markets
Peter Schiff Warns High Inflation Returning — Accuses JPMorgan CEO Jamie Dimon of Sugarcoating the Problem – Economics Bitcoin News
Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate…
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Markets
Central Banks Kept Purchasing Gold in February; China Continues Gold Run – Economics Bitcoin News
Central banks kept up demand for gold in February, registering net purchases of 19 tonnes. Albeit the purchasing trend continued,…
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Markets
Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes – Economics Bitcoin News
Inflation in the U.S. has remained persistent, experiencing increases in the first two months of 2024, prompting members of the…
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Markets
Markets Tumble as Fed Rate Cut Expectations Diminish – Economics Bitcoin News
Attention is riveted on the Federal Reserve’s assembly set for May 1, with widespread anticipation that the U.S. central banking…
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Markets
Bank of Russia: Russians Transacted $51 Billion in Crypto During 2023 – Economics Bitcoin News
The Bank of Russia noted that Russian nationals transacted $51 billion (4.78 trillion rubles) in crypto during 2023. According to…
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