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Fed rate cuts in June and July projected but not warranted, BofA says
hellenicshippingnews117d ago

Fed rate cuts in June and July projected but not warranted, BofA says

The Federal Reserve should not cut interest rates, but it appears to be likely to do so, according to economists at BofA Securities. In a note to clients on Friday, the economists including Aditya Bhave and Stephen Juneau said they project two Fed rate reductions in 2026, one each at the central bank’s June and ...

#ECONOMY
US GDP set to bounce back after government shutdown depresses 4Q activity
hellenicshippingnews117d ago

US GDP set to bounce back after government shutdown depresses 4Q activity

The government shutdown was more of a drag than predicted while the trade story failed to provide the anticipated boost. Nonetheless, the underlying consumer and investment data remain firm. However, there is a lack of breadth within those two components, with technology investment and high-income consumers driving activity forward. Underlying growth remains firm despite government ...

#ECONOMY
Bitcoin’s Pivotal Evolution: How Institutional Ownership Shifts Cement BTC as the Ultimate Store of Value
bitcoinworld117d ago

Bitcoin’s Pivotal Evolution: How Institutional Ownership Shifts Cement BTC as the Ultimate Store of Value

BitcoinWorldBitcoin’s Pivotal Evolution: How Institutional Ownership Shifts Cement BTC as the Ultimate Store of ValueGlobal financial markets witnessed a significant development this week as analysts identified a fundamental shift in Bitcoin’s market positioning. Despite recent outflows from spot exchange-traded funds, industry experts now predict BTC will solidify its role as a digital store of value through changing institutional ownership patterns. This transformation represents a critical phase in cryptocurrency’s maturation [...]This post Bitcoin’s Pivotal Evolution: How Institutional Ownership Shifts Cement BTC as the Ultimate Store of Value first appeared on BitcoinWorld.

#COMMODITIES