Yesterday at the Federal Reserve’s Semi-annual Monetary Policy Report Fed Chair Jerome Powell confirmed the FOMC terminal rate could be higher than initially anticipated (in Sept 2022 the TR stood at 4.6% for 2023, now the market believes the rate stands closer to 5%); Subsequent Dollar strength saw Pound plummet over 1.5% against the Dollar.
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Expectations are the pound will struggle to gain any momentum against the Euro over the coming days.
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A week filled with inflation data from nations in Europe, was summarised yesterday when we saw core inflation, excluding food and energy, data from EU.
Are you on the fence about investing in Bitcoins? In this article, we'll explore 5 key aspects that make Bitcoins a favorable investment opportunity. From increased security to increased flexibility, we'll show you why Bitcoins Qumas AI platform are worth considering as a long-term investment.
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