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Inflation Probably Slowed in July CPI Report, But Not Enough to Trigger Crypto Bull Run
9.8.2022
"The bottom line is that we still see upside risks to inflation and policy pricing over the next few months," said economists for the Wall Street firm Goldman Sachs. Fed rate hikes have roiled crypto markets this year
Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’
9.8.2022
Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of high inflation into next year for necessities including food, housing, fuel...
Americans See Inflation Plunging Next Year, New York Fed Survey Finds
8.8.2022
Respondents to the New York Federal Reserve survey expect inflation to run at 6.2% in 2023, which is down from last month’s survey
Fed reverse repo reaches $2.3T, but what does it mean for crypto investors?
8.8.2022
Investors avoid risk assets during a crisis, but excessive cash sitting in financial institutions could also be good for the cryptocurrencies
Bitcoin price targets 8-week highs as Ethereum reaches $1.8K
8.8.2022
Optimism and expectations increase around crypto markets, but U.S. inflation data looms large this week
Has US inflation peaked? 5 things to know in Bitcoin this week
8.8.2022
The latest U.S. inflation data is poised for release this week as Bitcoin price action spikes higher after a promising weekly close
Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18 Months
8.8.2022
Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” the billionaire explained, noting that “inflation is going to drop...
Elon Musk: US 'past peak inflation' after Tesla sells 90% of Bitcoin
7.8.2022
The firm may be caught short in the event that markets have already bottomed and crypto starts to deliver serious returns again
Latest Turkey Inflation Rate of 79.6% the Highest in 24 Years — Weakening Lira and Russia-Ukraine War Blamed
6.8.2022
According to the latest data from the Turkish Statistical Institute, the country’s annual inflation rate for the month of July was 79.6%, the highest in 24 years. Rising transportation costs, food and non-alcoholic beverages were some of the product categories that contributed to the overall...
What will cryptocurrency look like in 2027? Here are 5 predictions
6.8.2022
One year isn’t enough time to witness many fundamental changes, but five years is just enough for everything to change
Bitcoin Price Outlook for August: BTC Faces Some Important Tests in the Coming Weeks
6.8.2022
Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of inflation and central bank policy. However, a month later, the world’s leading crypto token has moved above $23,000, despite consumer prices rising...
230 Economists Warn the US Government’s Proposed Inflation Reduction Act Will Fuel Inflation
5.8.2022
Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and there’s a lot of debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the country’s...
Soaring Inflation Puts Central Banks on a Difficult Journey
5.8.2022
Tobias Adrian is the Financial Counsellor and Director, and Christopher Erceg and Fabio Natalucci are Deputy Directors at the International Monetary Fund (IMF)'s Monetary and Capital Markets Department.__________...
Read More: Soaring Inflation Puts Central Banks on a Difficult Journey
Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debate
5.8.2022
BTC price action stays in familiar territory as analysts discuss the true nature of estimate-beating payroll data
Inflation Is Spiking in Zimbabwe (Again). Why High-Interest Rates Aren’t the Answer
5.8.2022
Jonathan Munemo, Professor of Economics, Salisbury University._____
The central bank of Zimbabwe has raised its benchmark rate from 80% to a fresh record of 200%. This increase comes as Russia’s invasion of Ukraine is driving global commodity prices higher, exacerbating inflation in many countries...
Inflation Is Spiking in Zimbabwe (Again). Why High-Interest Rates Aren’t the Answer
5.8.2022
Jonathan Munemo, Professor of Economics, Salisbury University._____
The central bank of Zimbabwe has raised its benchmark rate from 80% to a fresh record of 200%. This increase comes as Russia’s invasion of Ukraine is driving global commodity prices higher, exacerbating inflation in many countries...
DeHub Makes History By Announcing New $1 Million NFT Raffle
4.8.2022
PRESS RELEASE. As inflation soars & opportunities begin to diminish, an increasing number of individuals all over the world are turning to raffles, lotteries & other gambling endeavors as their only means of escape. The problem is, there is no way to prove beyond any doubt that any on...
The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink
3.8.2022
Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America is alleviated. Chicago Fed president Charles Evans explained on Tuesday that the central bank would likely keep up the larger than...
Bitcoin bulls aim for $25K price on Friday's $510M options expiry
3.8.2022
BTC price has been gaining momentum as it nears $24,000, and this week's options expiry could help bulls profit $200 million
Inflation punishes the prudent while Bitcoin gives future hope — Jordan Peterson
3.8.2022
Author and psychologist Jordan Peterson said that hyperinflation hurts those who are the pillars of society