Bitcoin (CRYPTO: BTC) is carefully maintaining the $60,000 support level, navigating a delicate balance between bullish optimism and bearish caution. What Happened: This week, as traditional financial sessions commence, Bitcoin remains anchored in a familiar range, yet poised for potential volatility influenced by impending U.S. macroeconomic data and remarks from Federal Reserve Chair Jerome Powell. Market analysts are closely monitoring...

By RoboForex Analytical Department The price of Brent crude oil is currently experiencing a downturn, trading around 82.55 USD per barrel this Monday. The primary concern affecting the market today is the uncertainty surrounding demand levels, exerting significant pressure on the commodity. Recent statements from representatives of the US Federal Reserve have led to expectations that interest rates may remain...

(Reuters) - Federal Reserve Vice-chair Phillip Jefferson said Monday that while it is important for a central bank to communicate clearly with the public, there are times when those communications can get muddled. It's widely accepted that clear communications enhances how effective central bank policies are because clear communication can affect the expected path of interest rates and financial conditions...

09:47 AM EDT, 05/13/2024 (MT Newswires) -- Considering the slowdown in the progress of inflation reduction, the policy rate should remain in the current restrictive territory, Federal Reserve Vice Chair Philip Jefferson said Monday in a live conversation with Cleveland Fed President Loretta Mester. Jefferson said that the economy is in a solid position with job growth, but the progress...