slowdown – DIGIT INFO

UBS Urges Caution Despite Positive US Economic Data

DIGIT — Sun, 18 Aug 2024 18:30:27 +0000

UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a significant economic slowdown remains, especially after weaker July jobs data. Investors are advised to wait […]

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China’s Inflation Rate Drops to Lowest in 18 Months

DIGIT — Tue, 11 Apr 2023 23:04:56 +0000

The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in a year and a half, the latest statistical data indicates. On a monthly basis, consumer prices decreased for a second consecutive month, despite estimates suggesting they will remain unchanged. Post Zero-Covid Policy Inflation in China Eases Further China’s […]

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IMF global outlook suggests dark clouds ahead for crypto

DIGIT — Wed, 27 Jul 2022 03:06:43 +0000

The IMF has forecast economic growth to slow from 6.1% last year to 3.2% in 2022, which some believe will have negative consequences for crypto.

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Crypto Exchange Coinbase Slows Hiring Amid Market Downturn

DIGIT — Thu, 19 May 2022 08:30:56 +0000

Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its business goals. Coinbase to Reassess Headcount Needs, Focus on Integrating Recent Hires Cryptocurrency […]

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Corona Money Printing Worries – Housing Prices Slide Downwards First Time in 10 Years in Northern Europe

DIGIT — Sun, 19 Apr 2020 10:05:03 +0000

Real estate price reports from March in northern countries like Denmark and Sweden now show negative developments for the first time in over 10 years. If furloughed workers continue into unemployment, the effects on the housing markets will be even more significant, says Claudia Wörmann at SBAB Bank. Spring Real Estate Price Increase, Trend Broken […]

The post Corona Money Printing Worries – Housing Prices Slide Downwards First Time in 10 Years in Northern Europe appeared first on Bitcoin News.

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India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged

DIGIT — Mon, 26 Aug 2019 06:51:46 +0000

Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which is intensifying on a daily basis.” Also read: Indian Supreme Court Orders […]

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