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US September Inflation at 3.7%: A Detailed Analysis

September inflation in the United States was 3.7%, a slight drop from the previous year. Core PCE index increases by 0.3% month-over-month, in line with economist expectations. The stable overall inflation rate was influenced by a surge in energy prices. Consumer spending in...

Peter Schiff Issues Dire Warnings About the U.S. Economy and the Dollar

Peter Schiff issues dire warnings about increasing inflation and the potential collapse of the U.S. dollar. Explore his economic analysis. Economist and gold enthusiast Peter Schiff issued severe warnings about the U.S. economy and the U.S. dollar in an interview on First TV last week....

Temporary Calm Before Jerome Powell’s Address at Jackson Hole

All eyes remain fixed on Bitcoin (BTC), as the market continues to be watchful within a narrow trading range extending over several days, and August 23 is no exception. Presently, attention is directed towards Jerome Powell's address at the annual Jackson Hole event. Investors...

Javier Milei supports Bitcoin in his victory in the Argentine presidential primary election

In a surprising turn of events, Javier Milei, the libertarian candidate from the "La Libertad Avanza" party, has emerged victorious in the primary presidential election in Argentina. With 90% of the votes counted, Milei secured 30.5% of the votes, outranking candidates from "Juntos por...

Increased ownership of cryptocurrencies in Turkey, Argentina and the Philippines: the impact of inflation

Turkey recorded the highest growth rate in cryptocurrency ownership, with a 27.1% increase from July/September 2021 to July/September 2022, according to GWI research. Argentina and the Philippines followed Turkey in the second and third positions, with cryptocurrency ownership increasing by 23.5% and 23.4% respectively,...

Core Inflation on Upward Trend.. Further Rate Hikes Expected, ECB Execs Say

Recent economic reports indicate that core inflation in the global economy is on a steady rise. Economic experts and central bank officials expect this upward trend to continue in the near future, leading to further rate hikes. The rise in core inflation is an indicator...