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13:55
The Federal Reserve will deploy $5.53 billions through bond reinvestment and reserve purchases.
The Federal Reserve plans to deploy $553 million through bond reinvestment and reserve purchases from tomorrow until February 12. (Cointelegraph)
13:53
Forbes analyzes that upward revisions in inflation expectations may trigger concerns about stagflation
Forbes analysis indicates that bitcoin and gold have recently shown divergent trends, with bitcoin prices falling while gold prices have surged. Trump has threatened to impose tariffs on eight NATO allies, and the market is highly focused on inflation data. The CEO of Bank of America has warned about risks in the cryptocurrency market, while economists from Barclays and Morgan Stanley expect the US Personal Consumption Expenditures Price Index (PCE) forecast for December, to be released on Thursday, to be 2.8% and 2.9% respectively, which could trigger concerns about stagflation.
13:52
Forbes: Inflation Expectations May Be Revised Upward Again, Markets Brace for Declines in Gold and Bitcoin Prices
According to a report by Jinse Finance, Forbes published an analysis stating that in recent months, the trends of bitcoin and gold have diverged. While the price of bitcoin has fallen, the price of gold has soared. Previously, Trump threatened to impose tariffs on eight NATO allies unless Denmark agreed to a deal regarding Greenland. As the CEO of Bank of America issued a warning about risks in the cryptocurrency market, traders are on high alert, expecting that the inflation data to be released this week will exceed expectations, which has triggered warnings of "unprecedented stagflation." It is reported that economists from Barclays and Morgan Stanley have raised their forecasts for the U.S. Personal Consumption Expenditures Price Index (PCE) for December, which will be released on Thursday, to 2.8% and 2.9% respectively. This data may once again spark concerns about so-called "stagflation," where economic growth is sluggish while prices soar.
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