The S&P 500 has surged to its highest level ever at $6,900, but crypto market cap remains stuck under $3T with weak momentum.The S&P 500 has surged to its highest level ever at $6,900, but crypto market cap remains stuck under $3T with weak momentum.
S&P 500 hits record high while crypto market cap stalls below $3T
The S&P 500 has surged to its highest level ever at $6,900, but crypto market cap remains stuck under $3T with weak momentum.
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The post UK inflation stays high, potentially pausing interest rate hikes appeared on BitcoinEthereumNews.com. Key Takeaways UK inflation remains significantly above the Bank of England’s 2% target. Persistent inflation may prompt the central bank to pause further interest rate hikes. UK inflation remains nearly double the Bank of England’s target as policymakers prepare for a likely pause in interest rate increases. The persistent elevated inflation reading comes as the central bank weighs whether to halt its series of rate hikes that have been implemented to combat rising prices across the economy. The inflation rate continues to run well above the Bank of England’s 2% target, presenting ongoing challenges for monetary policy officials who have been raising borrowing costs to bring price pressures under control. Source: https://cryptobriefing.com/uk-inflation-pause-interest-rate-hikes/
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