Global #Federal Reserve

In recent years, credit card debt in the U.S. has reached alarming levels, with interest rates surging to an unprecedented 23.4%. This represents a significant increase from previous years, coinciding with the total credit card debt surpassing the $1 trillion mark.

Bitcoin has experienced a notable rise, recently surpassing $65,000, fueled by a confluence of factors that analysts suggest could lead to further increases.

JPMorgan Chase and Bank of America have recently revised their forecasts regarding a potential interest rate cut by the Federal Reserve in November. Citing a robust labor market, both banks now expect the Fed to implement a quarter-point reduction, shifting away from earlier predictions that suggested a more substantial cut due to anticipated economic weakening.

In an era where digital assets are increasingly shaping the financial landscape, the proposal for a National Bitcoin Reserve has begun to attract significant attention from both sides of the political aisle.

The price of gold has reached a historic milestone, surpassing $2,660 per ounce after experiencing a remarkable increase of over 30% this year.

The price of gold has soared to an all-time high of $2,629 per ounce on September 23, driven by a recent interest rate cut from the U.S. Federal Reserve.