Hitting rock bottom usually isn’t something people look forward to. But for investors hungry for relief from the latest market selloff, rock bottom couldn’t come soon enough. On Tuesday, the Dow Jones...
Tag: CPI
here’s what to expect with US CPI data in focus
Silver price has paused on its three-week downtrend ahead of the US inflation data. The gains recorded in Tuesday’s session are founded on the easing of the US dollar’s rally. Global growth concerns a...
Forward Prices In Commodity And Bond Markets Consistent With Rapid Slowdown In CPI
Commodity and Interest Rate Markets Anticipate Taming of Inflation getty Annualized CPI at 8%. Crude oil at $105/barrel. 10-year bond yields at 2.7%. These price levels that continually scroll over co...
Retail Sales Slow In March As Prices Continue To Climb
March gasoline sales rose 8.9% compared to February and are 37% higher this year compared to last … [+] year. Gas prices were up 18.3% in March. (Photo by Jeff Gritchen/MediaNews Group/Orange Co...
Inflation Surges Again, But Markets Watch Medium-Term Prospects
NEW YORK, NEW YORK – MARCH 10: A person shops for groceries at Lincoln Market on March 10, 2022 in … [+] the Prospect Lefferts Garden neighborhood of Brooklyn borough in New York City.The ...
Bitcoin has initial positive reaction as inflation hits 8.5% with March CPI data matching forecast
The price of Bitcoin rose after March CPI data confirmed that inflation in the U.S. continues to increase, hitting the highest level in 40 years. However, with the price of Bitcoin currently down 11% ...
BTC sees more downside after CPI print | Trading Ideas| OKX Academy
Bounces on major cryptocurrencies were short-lived following the release of the U.S. Consumer Price Index report. The total cryptocurrency market rose almost 2% over the last 24 hours. BTC fell 1.5% a...
Upcoming CPI report ‘will not be pretty,’ analyst says
When it rains, it pours, and new data is projected to show that high levels of inflation have continued to deluge consumers for a third consecutive month in 2022. March’s Consumer Price Index (CPI) re...
Retail’s Pending Recession Is Fueled By Inflation With Seeds Of Stagnation
The Cyclone rollercoaster at Coney Island at night. (Photo by: Loop Images/Universal Images Group … [+] via Getty Images) Universal Images Group via Getty Images While everyone awaits the releas...
White House expects big price hikes in March CPI report
White House press secretary Jen Psaki answers questions during the daily briefing on March 09, 2022 in Washington, DC. Psaki answered a range of questions related primarily to Russia’s invasion ...
AUD/USD Focuses on China CPI at the Start of a Busy Week
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 wee...
Bitcoin spoofs $40K breakout as US CPI inflation data conforms to 7.9% estimates
Bitcoin (BTC) turned back time to February on March 10 as the latest U.S. inflation data sparked a bout of volatility. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView Wheat gives Bitcoin...
CPI inflation February 2022:
Customers shop at at a grocery store on February 10, 2022 in Miami, Florida. The Labor Department announced that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest ye...
Inflation Spiked 7.9% In February—Hitting 40-Year High Amid Growing Uncertainty Over Record Gas Prices
Topline Consumer prices rose 7.9% in the 12 months ending in February, according to data released Thursday by the Labor Department, climbing at the quickest pace in four decades amid an unprecedented ...
Rate hikes, CPI and war in Europe — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week in the shadow of a deepening geopolitical nightmare unfolding in Ukraine. As retaliation for the Ukraine invasion and the macroeconomic consequences grow, crypto by and...
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth – Coinotizia
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% h...
3 Ways To Add Income Strategies Back Into Your Portfolio
Is it time to dip your toes back into certain income strategies? getty After a decade of zero interest rates and a dearth of available income opportunities, investors are finally getting a chance to d...
Could The Fed Do A Double Hike Next Month? The Markets Think So
WASHINGTON, DC – JANUARY 29: The markets expect to see a Fed hike next month, but by how much? … [+] (Photo by Samuel Corum/Getty Images) Getty Images Often the Fed moves rates up or down ...
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth – Economics Bitcoin News
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% h...
U.S. Inflation Spikes Higher For January, As Markets See Fed Action In 2022
WASHINGTON, DC – SEPTEMBER 24: January’s inflation data is unlikely to make make happy reading for … [+] Fed Chair Powell who is already planning to raise rates (Photo by Drew Angere...
Bitcoin’s Price Drops $1K in Minutes as January CPI Comes at 7.5%
Bitcoin’s price tumbled by about $1,000 in less than a few minutes as the numbers for January’s consumer price index came on. The Consumer Price Index (CPI) is used to gauge the average change over ti...
Inflation Spiked 7.5% In January—Hitting Nearly 40-Year High
Topline Consumer prices rose 7.5% in the 12 months ending in January, according to data released Thursday by the Labor Department, climbing more than economists expected amid an inflationary surge tha...
inflation concerns surge ahead of US CPI data
Gold price is back above the critical level of $1,800 per ounce following the easing of US bond yields’ rallying. On Friday, the higher-than-expected US job numbers resulted in a rise in Treasury yiel...
Ten Predictions For 2022
What will the year 2022 bring for investors? getty Making predictions is always tricky, and short-term forecasts are seemingly more difficult than long-term forecasts because timing plays such an impo...
The Fed Will Drive The Economy Into A Ditch If It Is Wrong About Inflation
Shipping containers stacked at the Port of Los Angeles. (Photo by Mario Tama/Getty Images) Getty Images Inflation is hitting very high numbers – CPI, for example, is at its highest level since 1982. B...
CPI Inflation Hits 40-Year High, But Even That Number May Be Too Low
SAN FRANCISCO – JUNE 06: Rows of houses stand June 6, 2007 in San Francisco, even though December … [+] 2021’s CPI inflation number of 7% is high. Increases in housing and rental cos...
Inflation Spiked Another 7% In December—Hitting New 39-Year High As Fed’s Price Concerns Rattle Markets
Topline Consumer prices rose 7% in the 12 months ending in December, according to data released Friday by the Labor Department, ticking up only slightly after a massive surge in recent months but stil...