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  • Market Cap: $2,413,521,174,409.04
  • 24h Vol: $59,176,709,029.62
  • BTC Dominance: 56.52%

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Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, economic slowdown, Ethereum, Federal Reserve, Jobs Report, labor market, Market Strategy, Market Updates, Rate Cut, recession fears, treasury yield, Wall Street, yield curve / / / , , , , , , , , , ,

Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of several earlier signs hinting at an economic slowdown. Meanwhile, the 10-2 year Treasury yield spread has […]

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Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts

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Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s commitment to achieving its 2% inflation target while maintaining a strong labor market. Rate Cuts Possible as Powell Expresses Confidence

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