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🔴 [Quick Facts] : 1. Fed Chair Powell says there’s no rush to cut rates. 2. Kogler says Fed should focus on inflation, jobs goals. 3. U.S. initial weekly jobless claims fall to 217K. 4. ECB’s Guindos says inflation data is trending in the right direction. 5. ECB officials see risk management as key to October rate cut. 6. U.S. producer price index rises 0.2% month-on-month in October. #Informational #Information #informercrypto #infographic #InformedChoices
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🟠 Bitcoin falls below $87,000 after Federal Reserve Chairman Jerome #Powell's comments about not rushing to cut interest rates, sending the currency down about $6,500 from its record high on Wednesday. #bitcoinangles #bitcoinetfdaynewsupdate #BitcoinBeliever #BitcoinCyclePeak #bitcoinnewsupdate
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🔴 Bankruptcies in the United States rose at the fastest pace since the financial crisis in 2008.. 🇺🇸💥 • The number of bankruptcies rose about 40% year-on-year in the second quarter of 2024 to 6,276 cases, the highest level in 7 years. • The number of bankruptcies under Chapter 11 reached 2,462 cases, the highest number in 13 years. #Informational #TradingShot #tradesafely #tradingbtc #TradingMadeEasy
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🟥 US Household Debt Hits New Record High.. 🇺🇸 • US household debt hit an all-time high of $17.94 trillion in the third quarter of 2024. • Household debt rose by $147 billion in the last quarter and by $778 billion in the past 12 months. • This increase was driven by mortgage and credit card debt, which hit new records of $12.98 trillion and $1.17 trillion, respectively. • According to the Federal Reserve, younger and lower-income consumers have been hit the hardest. • Americans are struggling to keep up with rising prices and are falling into debt. #MidNovemberMarket #TrumpNominatesMuskDOGE #USInflationAboveTarget #HaveYouBinanced #BinanceLaunchpoolHMSTR
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