The post Fed’s Barr Signals More Rate Hikes Needed To Hit Inflation Target appeared first on Coinpedia Fintech News
Fed Governor Michael Barr said further rate hikes are likely needed to ensure a timely return to the Fed’s 2% inflation target, speaking at the Chicago Fed. He called last week’s quarter-point hike a necessary adjustment given strong growth and a solid labor market, but said inflation isn’t trending toward target quickly enough. Barr cited …
Treasury says the network concealed ownership and sustained Prince Group operations, while US rules require covered assets to be blocked Read the full story on CryptoSlateUnderstand the crypto
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IREN reported $200 million in quarterly AI Cloud revenue, up from $71 million the previous quarter, while Bitcoin mining revenue fell from $67 million to
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TeraWulf's November 6 earnings release shows $63 million in third-quarter high-performance-computing lease revenue, around 83% of its $762 million
Read morePreliminary Q3 productivity outpaced hourly compensation, offering a cost counterpoint while inflation keeps the Fed cautious Read the full story on CryptoSlateUnderstand the crypto stories that
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Wemaple will be firmly committed to the public interest and democratic values.
