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Posts published in “Business”

US Fed slashes rates by 50 bps — Jerome Powell’s top quotes on economic outlook

The US Federal Reserve implemented a notable half-point reduction in its benchmark interest rate, marking a significant change after over two years of elevated rates designed to control inflation. While these high rates were effective in curbing inflation, they also made borrowing considerably costly for American consumers...

India’s gross direct tax collections surge by 21% annually through mid-September

Key contributors include a significant rise in Securities Transaction Tax (STT), which nearly doubled to ₹26,154 crore from ₹13,352 crore in 2023, reflecting increased investor exposure in equity markets. This rise in STT shows how people are making money, as income has doubled, leading to a corresponding increase in tax collections...

Popcat (POPCAT) Could Hit $1, Here’s Why

The post Popcat (POPCAT) Could Hit $1, Here’s Why appeared first on Coinpedia Fintech News In this struggling cryptocurrency landscape, the popular Solana-based Popcat (POPCAT) is projected to hit $1 due to the formation of a bullish price action pattern. On September 17, 2024, with its impressive performance...

Fantom (FTM) Poised for 50% Price Surge, Key Levels to Watch

The post Fantom (FTM) Poised for 50% Price Surge, Key Levels to Watch appeared first on Coinpedia Fintech News Amid this ongoing market reversal, Fantom (FTM) is poised for a significant upside momentum following a strong bullish price action pattern breakout. On September 17, 2024, while the overall cryptocurrency market struggled to gain momentum...