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CATEGORY: recession risk

Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 18, 2023 10:30

Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos

Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been critical of the country’s central bank. Musk insists that the U.S. Federal Reserve is operating with “way too much latency in their data,” and he insists that the central bank needs to drop the federal [...]

The post Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos appeared first on Crypto Breaking News.

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World Gold Council’s Mid-Year Report: Gold Set for a Neutral Second Half Under Economic Uncertainty
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 09, 2023 10:30

World Gold Council’s Mid-Year Report: Gold Set for a Neutral Second Half Under Economic Uncertainty

On July 6, 2023, the World Gold Council (WGC) released its 2023 Mid-Year Outlook, revealing that a “strong first half for gold is likely to give way to a more neutral H2.” According to WGC researchers and market strategists, central banks are “nearing the end of their tightening cycles,” and the market consensus indicates “a [...]

The post World Gold Council’s Mid-Year Report: Gold Set for a Neutral Second Half Under Economic Uncertainty  appeared first on Crypto Breaking News.

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