Log in/ Sign up

About CONCHO

Sapo Concho (CONCHO) is a cryptocurrency launched in 2025. CONCHO has a current supply of 999.50M with 999.50M in circulation. The last known price of CONCHO is 0.000244756567 USD and is -0.000033254753 over the last 24 hours. It is currently trading on active market(s) with $903,454.21 traded over the last 24 hours. More information can be found at .
CONCHO Price Statistics
CONCHO’s Price Today
24h Price Change
-$0.00003325475311.96%
24h Volume
$903,454.2129.67%
24h Low / 24h High
$0 / $0
Volume / Market Cap
3.69
Market Dominance
0.00%
Market Rank
#2633
CONCHO Market Cap
Market Cap
$244,633.09
Fully Diluted Market Cap
$244,633.09
CONCHO Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
CONCHO Supply
Circulating Supply
999.50M
Total Supply
999.50M
Max Supply
0
Updated Feb 12, 2025 10:08 am
image
CONCHO
Sapo Concho
$0.000244756567
$0.000033254753(-11.96%)
Mkt Cap $244,633.09
There's nothing here for now
Former U.S. Treasury Secretary Summers: Inflation may break out again, the Fed's next step may be to raise interest rates
Former U.S. Treasury Secretary Summers: Inflation may break out again, the Fed's next step may be to raise interest rates
Odaily Planet Daily News Four years ago, former U.S. Treasury Secretary Lawrence Summers criticized U.S. fiscal and monetary policy makers for overstimulating the economy, leading to the biggest inflation risk in a generation. Now he is warning again that price pressures are in danger of breaking out again. "This may be the most sensitive moment we face inflation escalation since the policy mistakes in 2021 triggered serious inflation," Summers said on the TV show "Wall Street Week." Summers pointed out that signs of tightness in the job market, including a sharp increase in wages in the January employment data released last week, have provided the backdrop for a potential rebound in consumer prices, even before the new administration takes any action. Since the data was released, U.S. President Trump has also raised tariffs on imported goods and threatened to add a series of other tariffs. "This is a moment when we have to be very cautious about inflation - even before the White House comes out with policy," said Summers, a Harvard University professor and paid contributor to Bloomberg TV. He urged the Fed to be vigilant about price pressures and believed that further interest rate cuts may not be made in the current cycle. Fed Chairman Jerome Powell reiterated his view last month at a Senate hearing on Tuesday that the Fed does not need to rush to cut interest rates after cutting its benchmark rate by 1 percentage point in the final months of 2024. "It's not a probability, but there is a very real possibility right now that the Fed's next move will be to raise interest rates, not lower them," Summers said. "This is a particularly dangerous moment for any kind of cost shock, any kind of rhetoric that undermines the credibility of inflation, any kind of fiscally irresponsible measures." In early 2021, Summers warned that Biden's $1.9 trillion fiscal package had the potential to fuel inflation, unsettling some fellow Democrats. He also criticized the Fed for not paying enough attention to price risks. Powell acknowledged in March 2022 that "in hindsight, we should have raised rates earlier." In contrast, Biden's team continues to defend their approach. Former Treasury Secretary Janet Yellen believes the bigger mistake was not doing enough, resulting in years of scarring in the labor market. (Jin Shi)
Feb 12, 2025 9:46 am

Frequently Asked Questions

  • What is the all-time high price of Sapo Concho (CONCHO)?

    The all-time high of CONCHO was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Sapo Concho (CONCHO) is 0. The current price of CONCHO is down 0% from its all-time high.

    Read More
  • How much Sapo Concho (CONCHO) is there in circulation?

    As of , there is currently 999.50M CONCHO in circulation. CONCHO has a maximum supply of 0.

    Read More
  • What is the market cap of Sapo Concho (CONCHO)?

    The current market cap of CONCHO is 244,633.09. It is calculated by multiplying the current supply of CONCHO by its real-time market price of 0.000244756567.

    Read More
  • What is the all-time low price of Sapo Concho (CONCHO)?

    The all-time low of CONCHO was 0 , from which the coin is now up 0%. The all-time low price of Sapo Concho (CONCHO) is 0. The current price of CONCHO is up 0% from its all-time low.

    Read More
  • Is Sapo Concho (CONCHO) a good investment?

    Sapo Concho (CONCHO) has a market capitalization of $244,633.09 and is ranked #2633 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Sapo Concho (CONCHO) price trends and patterns to find the best time to purchase CONCHO.

    Read More