usa economy – Bitfinance https://bitfinance.news Fintech & new economy info Tue, 13 Sep 2022 14:56:58 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://bitfinance.news/wp-content/uploads/2025/01/favicon-64.png usa economy – Bitfinance https://bitfinance.news 32 32 US inflation slowed in August https://bitfinance.news/en/us-inflation-slowed-in-august/ Tue, 13 Sep 2022 15:45:23 +0000 https://bitfinance.news/?p=86100 La Oficina de Estadísticas Laborales del Departamento de Trabajo de EEUU indicó que la economía tuvo un descenso de dos décimas, ubicándose en 8,3 %

Inflation in the United States stood at 8.3 % last August, which represents a decrease of two tenths compared to July, thus chaining two months of moderation, according to the data released this Tuesday by the Bureau of Labor Statistics of the US Department of Labor. Energy inflation moderated to 23.8 % in the eighth […]

La entrada US inflation slowed in August apareció primero en Bitfinance.

]]> La Oficina de Estadísticas Laborales del Departamento de Trabajo de EEUU indicó que la economía tuvo un descenso de dos décimas, ubicándose en 8,3 %

Inflation in the United States stood at 8.3 % last August, which represents a decrease of two tenths compared to July, thus chaining two months of moderation, according to the data released this Tuesday by the Bureau of Labor Statistics of the US Department of Labor.

Energy inflation moderated to 23.8 % in the eighth month of the year, which is nearly nine percentage points less than the increase in prices recorded in July.

On the other hand, food prices maintained their constant rate of growth, with inflation of 11.4 %, five tenths more than in the previous month. Food prices accumulate a growing inflation month by month since June 2021.

In this way, core inflation in the United States, which is the result of excluding food and energy prices from the calculation, stood at 6.3 % in August, four tenths more.

Since March, the US Federal Reserve has launched one of the fastest interest rate hikes in decades. In just four months, the central bank has raised the price of money by 2.25 percentage points, to its highest level since December 2018.

K. Tovar

Click the link to subscribe for free to our news and media group on Telegram: https://t.me/G_ELSUMARIO_News

Source: Notiamerica

La entrada US inflation slowed in August apareció primero en Bitfinance.

]]> Digital dollar would benefit the US economy https://bitfinance.news/en/digital-dollar-would-benefit-the-us-economy/ Tue, 23 Feb 2021 14:54:58 +0000 https://bitfinance.news/?p=59265

The Secretary of the Treasury of the United States, Janet Yellen, assured that the implementation of a digital dollar would be of great benefit to the economy. In an interview for the New York Times, Yellen also assured that “the Federal Reserve” is studying the possibility of applying its use. “There is a lot to […]

La entrada Digital dollar would benefit the US economy apareció primero en Bitfinance.

]]>

The Secretary of the Treasury of the United States, Janet Yellen, assured that the implementation of a digital dollar would be of great benefit to the economy.

In an interview for the New York Times, Yellen also assured that “the Federal Reserve” is studying the possibility of applying its use. “There is a lot to consider when it comes to consumer protection, but it is worth examining.”

On the other hand, the secretary assured that she considers bitcoin an “extremely inefficient” currency, adding the number of times this cryptocurrency has been used in illicit operations.

“It is a highly speculative asset. I am concerned about the potential losses that investors could have”, said the head of the Treasury.

After these statements, bitcoin managed to reach above $ 58,000 at that time, its highest price registered in the digital market until then.

K. Tovar

Source: El economista

La entrada Digital dollar would benefit the US economy apareció primero en Bitfinance.

]]>