Following its January 28-29 meeting, the Federal Reserve kept interest rates unchanged, stating that it would wait for more substantial progress on inflation before considering any further cuts. However, what caught markets by surprise was Fed Chair Jerome Powell’s unexpectedly…
Related Posts
Stock market news: S&P 500 extends rally as shutdown delays jobs report
The U.S. stock market extended its rally on Friday as Wall Street continued to downplay the government shutdown…
Fidelity Ethereum ETF records largest daily outflows since launch
The Fidelity Ethereum Fund recorded outflows of $25 million on Oct. 1, the highest ever daily amount among…
Bitcoin rebounds, but so what? Michael Burry says it’s still ‘worth nothing’
Michael Burry, the investor known for predicting the 2008 financial crisis, has renewed his criticism of Bitcoin, stating…