Tag : Rate Cuts

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Crypto liquidations top $483 million as markets react to Fed outlook

iraqupdate.com
Global cryptocurrency markets and technology stocks experienced sharp declines on January 7, 2025, as stronger-than-expected economic data dampened investor expectations for near-term interest rate cuts...
Business

Powell confirms Fed will move cautiously on future interest rate cuts

iraqupdate.com
MENA Newswire News Desk: Federal Reserve Chair Jerome Powell reiterated Monday that the central bank will take necessary measures to maintain the economy’s strength, although...
Business

Inflation cools rapidly, paving the way for economic confidence in 2024

iraqupdate.com
As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession fears. However, it defied expectations...