November 16, 2024

Crypto Prices Cool as Fed Chair Jerome Powell Strikes Ambiguous Tone on Future Monetary Policy Choices

After nearly two weeks of explosive gains, crypto prices briefly cooled on Thursday and into Friday, possibly due to a speech delivered by U.S. Federal Reserve Chair Jerome Powell. Powell spoke in Dallas on Thursday and struck a somewhat ambiguous tone about future US monetary policy choices. He continued to emphasize that the Fed views current risks to inflation and employment goals as “being roughly in balance.” “We know that

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November 16, 2024

Here’s How High XRP Price Could Rise After Crossing $1

Crypto analyst Egrag Crypto has provided insights into how high the XRP price could rise following its rally above $1. XRP’s rally above $1 marked a two-year high for the crypto, which had before now remained stagnant even while the broader crypto market enjoyed significant gains. XRP Price To Rally To $4 After Breakout Above $1 In an X post, Egrag Crypto predicted that the XRP price could rally to

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November 16, 2024

The Fed’s biggest challenge has become the ‘Sasquatch of the financial world’

Listen and subscribe to Stocks in Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Stocks have surged since the election, while bonds are caught in a tug-of-war between bulls and bears, with participants in both markets attempting to divine the path of the US economy under the incoming Trump administration. At the heart of the matter lies a hotly debated topic that grips Fed economists and

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November 16, 2024

30-year-old took a pay cut to work for herself—and doesn’t regret it

In 2023, Anna-Marie Ortiz worked remotely for a fintech startup, where she earned $60,000 a year. She liked the job well enough, but wasn’t sure what her future at the company would look like. “I realized I can’t wait around for other people’s dreams, and that’s when I decided to go all in on mine,” she tells CNBC Make It. That July, Ortiz used the last of her $2,000 in

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November 16, 2024

JPMorgan Chase, Morgan Stanley and Citi Say Raging Bull Market Not Over Yet – Here’s Their Outlook

Several Wall Street banking giants are forecasting blue skies for US equities – at least until 2024 comes to a close. Morgan Stanley chief US equity strategist Mike Wilson tells Bloomberg that he expects the S&P 500 to revisit all-time high levels by the end of the year. But Wilson warns equities will likely see a consolidation period as a new year unfolds. “We’re into the FOMO (fear of missing

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