Catenaa, Monday, March 3, 2025 – South African investment company Altvest Capital has officially entered the Bitcoin market, citing the cryptocurrency as a strategic reserve asset and a hedge against economic instability. Altvest announced its first Bitcoin investment on Feb. 21, emphasizing that its digital asset strategy will remain focused exclusively on Bitcoin and will […]
Catenaa, Monday, June 30, 2025- Amazon prices for goods made in China have gone up by 2.6%, according to an analysis of 1,400 different products conducted exclusively for Reuters by the analytics firm DataWeave. The analysis shows that price increases for those goods accelerated beginning in May, a signal that US President Donald Trump’s tariffs […]
NEW YORK, NY, Tuesday, February 27, 2024 – BlackRock, the world’s largest asset manager, projects moderate real GDP growth of 1.5-2% for the United States in 2024, according to comments made by Rick Rieder, the firm’s Chief Investment Officer (CIO), on CNBC’s “Closing Bell” program on February 15. Rieder acknowledged market concerns surrounding recent inflation […]
Catenaa, Wednesday, March 05, 2025- China has set its economic growth to 5% for 2025, official documents suggested on Wednesday, while presenting more stimulus measures to bolster the economy. In the Government Work Report released after its government annual meeting, Beijing has raised its budget deficit level to 4% of Gross Domestic Product (GDP). This is the […]
Catenaa, Thursday, June 05, 2025- The European Central Bank(ECB) has cut its benchmark interest rate by 25 basis points on Thursday, as it grapples with uncertainty over the impact of Trump’s trade war. Thursday’s widely expected decision is the central bank’s eighth 25 basis point cut in a year. Since June 2024, bringing the borrowing […]
Catenaa, Friday, February 21, 2025 – Japan’s headline inflation rose by 4% year-on-year(y/y) in January, the highest recorded after January 2023, official data said on Friday, putting the Bank of Japan(BOJ) on the path of more rate hikes. Data showed that Japanese inflation has accelerated more than expected in January, with consumer prices excluding fresh food rising […]
Catenaa, Wednesday, April 16, 2025- US Federal Reserve Chair Jerome Powell said tariffs are highly likely to generate at least a temporary rise in inflation in the US, while the economy is still stable despite uncertainty. In a speech to the Economic Club of Chicago, Powell said that tariffs imposed by President Trump are highly […]
Catenaa, Thursday, May 15, 2025- US Federal Reserve Chair Jerome Powell said on Thursday that the US may be entering a period of more frequent supply shocks and volatile inflation, with economic uncertainty. “A critical question is how to foster a broader understanding of the uncertainty that the economy generally faces,” Powell said in his […]
Catenaa, Thursday, February 20, 2025 – US stocks closed at a record high on Wednesday, with the S&P 500 reaching its third record close of the year, as minutes from the Federal Reserve meeting in January stressed officials would stay till inflation improves for further rate cuts. Many stocks had opened lower after Trump said he was […]
Catenaa, Friday, March 14, 2025 – The Solana community is poised to vote on a key proposal, SIMD-228, which would significantly alter the network’s tokenomics by introducing a market-driven inflation model for SOL tokens. This proposal aims to replace Solana’s current fixed inflation schedule—set at 4.6% annually, tapering to 1.5%—with a dynamic emissions model that […]
Catenaa, Wednesday, March 12, 2025– US President Donald Trump’s tariff and other policies have increased the probability of a US recession as the markets unwind on their higher growth expectation, Standard Chartered said. Kaushik Rudra, Global Head of Fixed Income Research and Head of Asia Research at Standard Chartered, said that although they expect a growth in […]
Washington DC, October 11, 2023: The US Consumer Price Index (CPI) rose 0.6% in September 2023, the biggest monthly increase since January 2022. This pushed the annual inflation rate to 8.2%, the highest level since December 1981, according to the US Bureau of Labor Statistics. According to their report, prices have gone up by 3.7% […]
Catenaa, Friday, June 06, 2025- US President Donald Trump on Friday urged Federal Reserve Chair Jerome Powell to cut interest rates by a full percentage point to boost the economy. “Europe has had 10 rate cuts, we have had none. Despite (Powell), our Country is doing great. Go for a full point,” Trump wrote in […]
Catenaa, Wednesday, March 05, 2025– US President Donald Trump called for new tax cuts, tariffs and curb inflation in his inaugural address to the Congress on Tuesday, as he looked to bring in trillions of dollars to the economy. Trump asked the congress to cut income taxes on Social Security benefits, tips, and overtime pay, and also […]
Catenaa, Monday, July 07, 2025- US plans to start sending letters to trading partners on Monday, warning countries that higher tariffs could kick in on 1 August, while BRICS members would face an additional 10% tariff. Kevin Hassett, director of the White House National Economic Council, told CBS’ “Face the Nation” on Sunday that Trump […]
Catenaa, Wednesday, February 19, 2025 – UK inflation rose to a more-than-expected 10-month high in January, official statistics said on Wednesday, diminishing hopes for low interest rates and highlighting challenges to the Bank of England. The Office for National Statistics said inflation, said inflation as measured by the consumer prices index, rose to 3% in the year to […]
WASHINGTON, Monday, April 08, 2024- A potential meltdown in the U.S. bond market is emerging as a growing concern for some analysts, citing factors like rising interest rates and high inflation. While the risk is not imminent, analysts warn that a confluence of events could trigger a sharp sell-off in U.S. government bonds, sending interest […]
Catenaa, Tuesday, February 25, 2025– US consumer confidence tumbled to 98.3 in February, the largest monthly decline since August 2021, the Conference Board said on Tuesday, signalling the risk of recession. The report stated US consumer confidence index sank this month to 98.3 from 105.3 in January, falling far below the expectations of 103 by economists. Consumer […]
Catenaa, Friday, February 14, 2025 – US inflation unexpectedly rose to 3% in January, the highest level in six months, as soaring egg and energy prices pushed up consumer costs, according to data released Wednesday. The increase exceeded economists’ forecast of 2.9%, posing a challenge for the Federal Reserve and President Donald Trump’s economic agenda. […]
Catenaa, Thursday, July 17, 2025- US retail sales rose unexpectedly in June after consumers pulled back in May, official data showed on Thursday, despite tariff-related price concerns. The Commerce Department said retail sales rose by 0.6% in June after declining 0.9% in May. Sales in April fell 0.1%, pulled down by a steep drop in […]