
Central bankers warn of further rate hikes at ECB Forum
The central bankers were vocal about the need for further rate hikes to bring inflation down to the 2% target, despite the risk of economic downturn.
Read macro-driven crypto news linking Bitcoin and digital assets to rates, inflation, liquidity, geopolitics, and global markets.

Rate hikes have been the name of the game for months, but June offered a welcome reprieve.

Secretary of the Treasury Janet Yellen said that her agency could be unable to pay the bills of the U.S government by early June.

Uncover how regional US banks prosper despite looming debt ceiling crisis, Japan faces its worst inflation in 40 years, and the UK's Central Bank contends with high inflation alongside strong wage growth.

Powell said that "developments" in the banking sector are resulting in tighter credit conditions which will likely impact economic growth and inflation.

FDIC said the failed bank's 84 offices in eight states would reopen as branches of JPMorgan during normal business hours today.

GDP print was significantly smaller than the previous two quarters, 2.6% and 3.2%, respectively.



