WorldPingConsumer sentiment dropped about 6% from last month, landing around 11% below a year ago amid continued worries that inflation will remain elevated for the foreseeable future, according to the University of Michigan Surveys of Consumers.
This is a short WorldPing brief. The full report was published by Phys.org.
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WorldPingBut make no mistake: "We should not indulge a regime in which market participants are looking primarily to the Fed for their next trade."…
Brief by WorldPing · Original reporting by Fortune
WorldPingThe "Double Disinflation" proposal squeaked through by a razor-thin margin after Kraken nearly sank it, while a separate fee-burning measure failed.
Brief by WorldPing · Original reporting by Decrypt
After confusing markets at his July news conference, Fed Chairman Kevin Warsh used Jackson Hole to give a clearer view of the case for higher interest rates.
Brief by WorldPing · Original reporting by CNBC World
Kevin Warsh in speech underscores Fed's commitment to tackling inflation, with rate hikes possibly on horizon.
Brief by WorldPing · Original reporting by Al Jazeera
WorldPingSolana's first network-wide vote went down to the wire, with Kraken and Galaxy-linked validators switching sides before the disinflation proposal narrowly passed.
Brief by WorldPing · Original reporting by CoinDesk
He used the speech to outline his philosophy on policymaking while carefully sidestepping any signals…
Brief by WorldPing · Original reporting by CNBC Markets
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