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Federal Reserve Governor Stephen Miran says there is “no evidence” that tariffs have caused inflation to rise. “I see no evidence that it’s occurred,” Miran said during an appearance on Friday on CNBC. JUST IN: Federal Reserve Governor Stephen Miran says there is 'no evidence' tariffs have caused inflation to rise. — Watcher.Guru (@WatcherGuru) September 19, 2025 Stephen Miran is a close ally of US President Donald Trump, who has been urging the Fed to cut rates throughout the year. Notably, during the Fed’s vote on cutting rates, Miran was the only vote against the 25 bps cut, instead preferring a larger, half-point move. Officials throughout the US Government have argued for months on the effects of Donald Trump’s sweeping Tariffs that began in April. Many argue that the tariffs had a direct correlation to the rise of inflation this year. The consumer price index rose 2.9% on an annual basis in August 2025, the fastest pace of inflation since January 202...

The Kenyan shilling briefly outperformed the US dollar on Tuesday, according to the latest data from the London Stock Exchange. At 07:09 GMT, the shilling traded at 128.80/129.40, compared with Monday’s closing rate of 129.00/50. The US dollar is being outperformed by leading local currencies this year as trade wars and tariffs take center stage. Bloomberg reported early this year that the USD was trounced by eight out of nine leading global currencies this year. Also Read: Could $500 in Pi Coin Today Make You Rich by 2030? Source: MarketWatch On Friday’s trading session, the Kenyan shilling came out on top of the US dollar in the currency markets. This is the second time the local currency has beaten the USD in three trading sessions. The dip comes after the DXY index fell to the 101.5 mark after moving ahead from 99 to 101 this month. Also Read: Musk’s D.O.G.E Disaster: How $1K in Dogecoin (DOGE) Got Rekt Currency: Kenyan Shilling & the US Dollar Source: AFP The Kenyan shi...

The cryptocurrency market in 2024 has been a year of contrasts, marked by significant milestones and lingering economic uncertainty. Bitcoin (BTC) shattered expectations by crossing the $100,000 mark for the first time, reigniting optimism in digital assets.  Yet, the broader economic backdrop remains volatile, raising questions about inflationary pressures and the Federal Reserve’s next moves.  Picks for you Solana trader turns $112k into $38k in three minutes with common mistake 2 hours ago ChatGPT says Ethereum price will hit this target by December 31, 2024 2 hours ago If you invested $1,000 in Dogecoin at the start of 2021, y...

Shiba Inu (SHIB) is experiencing a slight rebound after Bitcoin’s (BTC) reclamation of the $60,000 price level. SHIB has risen 1.1% in the daily charts and 0.8% over the previous week. Source: CoinGecko Despite the recent resurgence, SHIB continues to trade in the red zone in the other time frames. The asset is down by 15.6% in the 14-day charts and 23.9% over the previous month. Also Read: Shiba Inu: Forget Millionaires, Can You Be a Billionaire By 2030? Factors Influencing SHIB’s Price and Market Cap Why is the Crypto Market Rising? The latest market rebound follows the announcement of the US inflation data. Inflation in the US seems to be cooling more than what analysts anticipated. The cooling inflation figures may have reignited investor hopes for an interest rate cut this year. Many anticipate that the Federal Reserve will cut interest rates in September, but the central bank has not yet made an official statement. How High Can SHIB Go if Its Market Cap Reaches Bitcoin’s Lev...

The national currencies of Argentina, Turkey, and Egypt have been consistently falling against the U.S. dollar. The Peso has not been able to cap its losses over the past year. In fact, on the chart, the trend is a consistent decline. The Lira , on the other hand, did manage to cap its losses and trade horizontally during the end of 2022, and the initial few months of this year. However, that trend was too good to last. Over the past few weeks, these currencies have registered a streak of long red candles. In fact, people from space have started addressing the Turkish lira as the ‘suppressed’ lira. The Egypt ian Pound ’s state, however, seemed to be better than the other two currencies. After registering a choppy H2 in 2022, and subsequently beginning 2023 on a bearish note, this currency is currently consolidating. The post-Covid implications, spiraling inflation , political woes, and other macroeconomic instability factors have played a role in eroding the value...

Bitcoin wobbles over fresh concerns over crypto firm solvency, but BTC price performance remains stronger than Coinbase and Silvergate bank stock. Bitcoin (BTC) erased early-month gains on March 2 as fresh market uncertainty erupted over solvency of crypto bank Silvergate. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price avoids Silvergate, Coinbase stock slip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $23,206 on Bitstamp, down around 1.5% on the day. The pair came under pressure as rumors swirled over the fate of Silvergate, which lost United States exchange Coinbase as a client in a decision the latter said came out of "an abundance of caution." Silvergate had suffered as a result of the FTX implosion, delaying its 10-K report this week and warning that it could be "less than well capitalized."  The shares of parent company Silvergate Capital were down 40% on the day at the time of writing. Coinbase also felt th...

The Fed will not save the U.S. from recession with rate hikes, and risk assets will suffer, Michaël van de Poppe warns. Bitcoin (BTC) could face a retest of $20,000 and the United States fail its plans for a “soft landing ” on inflation, new Analysis says. In a YouTube update on Feb. 5, Cointelegraph contributor Michaël van de Poppe, founder and CEO of trading firm Eight, warned that the tide is due to turn for risk assets. U.S. "probably" headed for recession — Van de Poppe  Amid confusion over how incoming U.S. macroeconomic data may affect market sentiment, there is an increasing chance that the rebound seen in crypto and stocks this year may flip bearish, Van de Poppe says. Bitcoin, for example, put in 40% gains in January, but like some others, he believes that a disappointing February is a real possibility. “I think that people should understand that there is no soft landing, that there is likely a continuation of this downwards trend on the markets,” he said about t...

No fresh BTC price catalyst from the Fed as Chair Powell fails to mention inflation altogether. Bitcoin (BTC) traders faced disappointment at the Jan. 10 Wall Street open after the United States Federal Reserve declined to comment on future policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell keeps quiet on Fed policy Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it stayed flat at around $17,250 on Bitstamp. Hopes had focused on a fresh BTC price catalyst courtesy of the Fed in the form of a speech by Chair Jerome Powell. Speaking at the International Symposium on Central Bank Independence at Sweden’s Central Bank headquarters in Stockholm, however, Powell avoided the topic of U.S. monetary policy altogether. “I will address three main points. First, the Federal Reserve's monetary policy independence is an important and broadly supported institutional arrangement that has served the American public well,” he began. “Second, the Fed ...