Bitcoin hit an upswing ahead of the Fed’s inflation-focused meeting on March 22nd to decide rate hikes. The price of Bitcoin (BTC) climbed sharply on news that US inflation had met Dow Jones and Nomu...
Tag: Inflation
BlackRock’s Larry Fink warns of ‘slow rolling crisis’ as Fed’s inflation fight drags on for years
BlackRock Inc. co-founder and CEO Larry Fink warned his firm’s investors that the Federal Reserve’s aggressive interest-rate hikes were the “first domino to fall” in what could be a “slow-rolling cris...
Maximising The Inflation Reduction Act: Four Things To Watch
The Inflation Reduction Act (IRA) has transformed the US from laggard to leader in energy transition policy – but greater clarity in some areas will be essential to prospective investors Authored by D...
Bitcoin BTC Price Holds Near $25K as Investors Remain Upbeat About Inflation Data, Fed Rate Hikes
Ether was changing hands just above $1,700, about where it stood on Monday, same time. The second largest cryptocurrency has roughly matched BTC’s upswing this week. Other major cryptos spent mo...
Crypto stocks rally as US inflation data comes in line with expectations
Bitcoin soared to its highest point since June before gains were mostly wiped out, trading at $24,595 at 5:55 p.m EDT, up 1.4% on the day, according to data from TradingView. Ether was up about ...
Fed Rate Pause Is a Tough Call After Inflation Reaccelerates
(Bloomberg) — An acceleration in monthly core consumer prices seems likely to reinforce the Federal Reserve’ determination to raise interest rates to fight inflation, though the decision on next...
Bitcoin Smashes Past $26K as CPI Report Shows Inflation Held Steady in February
Bitcoin soared past $26,000, a price not seen since last Summer, on the back of the latest CPI print that showed inflation in the U.S. is still very much alive. The Consumer Price Index (CPI) rose 6...
Icahn says economy breaking due to inflation, poor corporate guidance
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Famed investor Carl Icahn believes the U.S. economy is in trouble becaus...
Short-sellers see max pain as crypto market pumps following inflation report
Crypto short-sellers saw massive liquidation in the past four hours as the market pumped on the back of inflation numbers remaining within expected bounds. CoinGlass data shows that more than 85% of t...
February’s CPI Inflation Numbers Put Focus On Home Prices
SAN RAFAEL, CA – U.S. inflation remains stubbornly high, part of the reason is rising home costs in … [+] the CPI data, but that may change in the coming months (Photo by Justin Sullivan/G...
US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision – Bitcoin News
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for a...
Bitcoin Breaches $26k Level as Crypto Market Rallies Post CPI Inflation
Bitcoin News The 12-month change in the core CPI rate was 0.5% higher in February, bringing it to 5.5%. Bitcoin finally surpassed the critical $26,000 price milestone. The value of Bitcoin (BTC), the ...
Bitcoin Surges as US Inflation Rises
Bitcoin, the world’s largest cryptocurrency, experienced a surge in price following the release of the US Department of Labor’s latest Consumer Price Index (CPI) data for February 2023. Th...
Bitcoin Breaks $26K as U.S. Inflation Slowed to 6% in February
“The macro backdrop is transitioning from that of tightening to significant loosening, or at least this is what the market is predicting,” Bob Ras, co-founder of Sologenic, a blockchain-powered ...
Here’s the inflation breakdown for February — in one chart
A customer shops at a grocery store in Brooklyn on Feb. 14, 2023. Michael Nagle/Xinhua via Getty Images The annual inflation rate in February continued its gradual cooling trend, though it remained we...
LTC Back Above $80, DOGE Extends Gains Following Inflation Report – Market Updates Bitcoin News
Litecoin rose by as much as 15% in Tuesday’s session, as markets reacted to the latest inflation report from the United States. Figures from the monthly Consumer Price Index showed that inflation has ...
Bitcoin tops $26k following US inflation print
Bitcoin, the most popular cryptocurrency, increased in price by 18% in the last 24 hours to surpass $26,000 just after the U.S. CPI report was published. The report showed that U.S. inflation slowed t...
Roubini Launches Alternative Haven Trade for the Era of Endless Inflation
(Bloomberg) — Economist Nouriel Roubini has partnered with Goldman Sachs Group Inc. to launch the first in a suite of planned financial products that offer investors an alternative safe haven in...
Bitcoin price breaks $26K as US inflation comes in at 6%
The price of Bitcoin (BTC) saw a sharp uptick over $26,000 as the United States Department of Labor released the latest Consumer Price Index (CPI) data for February 2023. CPI rose 0.4% last month on a...
Inflation Fell To 6% In February—But Some Experts Fear Banking Crisis Could Make Prices Worse
Topline Annual inflation in February fell for an eighth-straight month—temporarily easing concerns about the future of the Federal Reserve’s economic tightening campaign—but some experts are increasin...
Breaking: Bitcoin Jumps 17% Breaks $26K As US CPI Inflation Cools To 6%
Crypto News: Bitcoin (BTC), the world’s largest digital asset price jumped by a whopping 18% over the past 24 hours to break the $26k price level. This spike comes after the February inflations look t...
Bitcoin spikes as US inflation meets estimates
Markets • March 14, 2023, 8:50AM EDT In February, inflation in the U.S. rose by 0.4% month-on-month and 6% year-on-year. Today’s data aligned with Dow Jones and Nomura estimates. Bitcoin s...
CPI inflation February 2023:
Inflation rose in February but was in line with expectations, providing a key input into whether the Federal Reserve continues to raise interest rates. The consumer price index increased 0.4% for the ...
Bitcoin Price $25,000 After US CPI Inflation Data
The Wall Street giants and analysts hint at further recovery in the crypto market, continuing gains witnessed on Monday. Bitcoin and Ethereum prices reached near crucial levels after the massive rally...
USD vs Rupee forecast ahead of US inflation data
The USD/INR price continued rising on Tuesday as the US dollar index (DXY) staged a comeback ahead of the upcoming US consumer inflation (CPI) data. It jumped to a high of 82.42, the highest level sin...
Evercore warns SVB fallout will force new market low
Evercore ISI is comparing the bank stress to another critical time on Wall Street: The year of the savings and loan crisis and epic crash. “To think you would see financial stress of this kind d...
Fed rate expectations flip as US inflation data may take backseat to banking tumult
Crypto prices soared throughout the day as the turmoil in U.S. regional banking continued and interest rate hike expectations were recalibrated. The target rate probability of no increase next ...
Banking Crisis Escalates Ahead Of CPI Inflation Report; Schwab In Focus
Dow Jones futures were higher ahead of Tuesday’s open, as the banking crisis continues to escalate, with two large bank failures in recent days — SVB Financial (SIVB) and Signature Bank (SBNY). ...
Inflation data to arrive at critical moment for Fed policy after bank failures
In the wake of the failure of Silicon Valley Bank (SIVB), investors will be closely monitoring what earlier this month had been seen as the most important data point for the future of Federal Reserve ...
Fed Battle Plan for Inflation Shredded by Financial Turmoil
(Bloomberg) — Federal Reserve Chair Jerome Powell’s strategy to speed up the central bank’s inflation-fighting efforts is unraveling in the wake of Silicon Valley Bank’s collapse. Most Read from...
Silicon Valley’s ‘greed and avarice’ to blame, trader says
Andrey Rudakov | Bloomberg | Getty Images The fallout from the shuttering of Silicon Valley Bank — the second-largest bank collapse in U.S. history — continued Monday, dragging down international bank...
Powell chose financial assets over inflation, now prepare for the second wave of inflation and don’t rule out contagion
Quick Take An update since futures opened last night SVB depositors will have access to all of their money on March 13. The Signature Bank closed — all depositors will be made whole. Fed will make ava...