In February, Americans seeking relief from inflation faced disappointment as underlying price pressures intensified, with the Personal Consumption Expenditures price index rising 2.8 percent year-over-year. Overall inflation reached 2.5 percent, above the Federal Reserve’s target, complicating interest rate decisions amid escalating trade tensions and economic uncertainty. Consumer confidence has plummeted, with expectations of higher inflation and lower growth prompting the Fed to hold rates steady and anticipate further cuts this year.
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Are You One of the Millions of People Afraid of Investing in Cryptocurrency? Here Are 3 Ways to Invest in Crypto That Will Let You Sleep at Night.
Bitcoin has surged over 1,060% in the last five years but has faced significant drawdowns exceeding 80%, contributing to 63% of U.S. adults expressing low confidence in cryptocurrencies as a safe investment. Despite this skepticism, a Motley Fool report indicates that 20% of American adults own crypto, with 42% planning to invest within the next year. Need More Context? 🔎
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