Today's jobs report fell far short of expectations. If tepid economic conditions cause Federal Reserve officials to taper stimulus more slowly, could it serve as a boon for bitcoin prices?
“Tapering is the gateway to normalizing interest rates,” he noted.
“In many ways Bitcoin and other cryptocurrencies have become complements to gold, silver, and other traditional inflation hedges rather than a substitute medium of exchange.” “Equities and Bitcoin quickly resumed their selloffs, and the VIX has reached its highest level since January.”
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Biden touts low unemployment rate on heels of sluggish November job growthOn the heels of a sluggish November jobs report, Pres. Joe Biden on Friday touted the country's employment landscape as improving despite there being fewer jobs added last month than economists expected
Les mer »
Biden touts 'sharpest 1-year decline in unemployment ever' after jobs reportPresident Biden said it was “incredible news” that the U.S. unemployment rate had fallen to 4.2% in November. He didn’t mention how the country gained 210,000 new jobs, well below forecasts of 573,000.
Les mer »
U.S. adds disappointing 210,000 jobs in November in face of severe labor shortage \nThe U.S. gained a lackluster 210,000 new jobs in November even though businesses took more aggressive steps to hire people, a disappointing increase that shows the worst labor shortage in decades is still a drag on the economic recovery.
Les mer »
November jobs report showed a slowdown in hiring at restaurants and hotelsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Les mer »
Disappointing jobs report: American employers added only 210,000 new jobs in NovemberAmerican employers added another 210,000 jobs to the economy in November, far fewer than expected, the Bureau of Labor Statistics reported Friday.
Les mer »
American employers added a disappointing 210,000 new jobs in NovemberAmerican employers added another 210,000 jobs to the economy in November, far fewer than expected, the Bureau of Labor Statistics reported Friday. The unemployment rate fell to 4.2%, a new pandemic-era low.
Les mer »