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US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
15.6.2022
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by...
JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed
14.6.2022
The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Last week, CME Group data indicated the market priced in...
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
11.6.2022
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year...
Bitcoin Sees Weakness Ahead of CPI Report; Cardano, Solana Lead Fall in Majors
10.6.2022
Crypto market capitalization fell some 2.3% in the past 24 hours as bitcoin rose, then lost, a pivotal support level at $30,000
BTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week
6.6.2022
The longest weekly losing streak in Bitcoin history is finally broken, but the mood among analysts is anything but unanimously bullish
Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods
21.5.2022
As the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about inflation and money. A recent survey published by the American Psychological Association shows that 87% of U.S. residents...
ApeCoin rebounds after APE price crashes 80% in two weeks: dead cat bounce or bottom?
12.5.2022
APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market
Dollar Near Two Decade High as CPI Maintains U.S. Rate Hikes
12.5.2022
The greenback has moved aggressively in the market, soaring close to its highest level since 2002. The mitigating CPI rates from April gave this much-needed push. With favoring numbers from the reports, the Federal Reserve decides on aggressive policy changes to keep the momentum. While the market...
Bitcoin falls back under $30K while 8.3% US CPI shows signs inflation has peaked
11.5.2022
Potential relief for macro pressure offers no respite for Bitcoin as BTC price action returns to new ten-month lows
First 6-week losing streak since 2014 — 5 things to know in Bitcoin this week
9.5.2022
Clouds on the horizon grow nearer as markets prepare for more inflation cues this week
Turkey’s Inflation Rate Surges to 70%, Monthly Rate of Change Now 7.25%
7.5.2022
The latest data from the Turkish Statistical Institute (TSI) shows that rising transportation and food costs were some of the key factors contributing to the surge in the country’s inflation rate to 70%. Economic Revival Efforts Not Bearing Fruit Rising commodity prices and increased...
Bitcoin bulls need to reclaim $41K ahead of Friday’s $615M BTC options expiry
14.4.2022
BTC staged a small relief rally, but securing $41,000 is the key to determining whether or not the current sell-off has ended
Inflation Rises Sharply in the US as Consumer Prices in March Spiked to 8.5%
12.4.2022
Inflation in the U.S. continues to remain red hot as consumer prices last month increased sharply to 8.5% in March compared to the same month last year. Metrics show the Bureau of Labor Statistics’ (BLS) Consumer Price Index (CPI) spiked last month at the fastest pace since December 1981....
Bitcoin spikes with stocks as US inflation hits highest since 1981
12.4.2022
The Fed gets some serious heat as CPI numbers show just how quickly prices are rising for U.S. consumers
First Mover Americas: Bitcoin Eyes Fastest US CPI in 40 Years, Monero Shines
12.4.2022
The latest moves in crypto markets in context for April 12, 2022
AUD/USD Focuses on China CPI at the Start of a Busy Week
11.4.2022
The Asia-Pacific trading week begins with the Australian Dollar taking center stage. Eyes remain on China CPI figures, which will be published today at 1:30 GMT. AUD/USD hit a high in the previous week only to lose those gains in the coming times. Shanghai has entered into the third week of...
First Mover Americas: Bitcoin Eyes Weekly Loss Ahead of US CPI
8.4.2022
The latest moves in crypto markets in context for April 8, 2022
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
21.3.2022
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since...
Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’
11.3.2022
Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming...
Bitcoin spoofs $40K breakout as US CPI inflation data conforms to 7.9% estimates
10.3.2022
Bitcoin sees competition from commodities after failing to put in lasting gains from the latest U.S. inflation news