(Bloomberg) — Professional speculators with billions in bearish trades on the line endured a rough ride after Tuesday’s report on US consumer prices brought the latest sign that the Federal Rese...
Tag: Inflation
Bitcoin, Ethereum Price Breaks Higher, Wall Street Expectations On US CPI Inflation
Bitcoin and Ethereum prices break higher before the U.S. Consumer Price Index (CPI) data release for November. Bitcoin (BTC) price jumps a month higher after moving in range since FTX bankruptcy. The ...
Rivian pauses plans to make electric vans in Europe with Mercedes-Benz
An Amazon Rivian electric delivery van at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Rivian said Mond...
U.S. Inflation Eases In November, But Further Rate Hikes Expected
Prices rose less than expected for November 2022, improving the inflation outlook for Federal … [+] Reserve Chairman Jerome Powell. (AP Photo/Patrick Semansky) Copyright 2022 The Associated Pres...
Bitcoin Hits $18,000 on Low Inflation Numbers, Market Reacts Positively
Investors celebrated the latest inflation report from the United States, which came in below market expectations. The consumer price index (CPI) rose 0.1% in November, according to the U.S. Bureau of ...
Inflation rises 7.1% over last year
Consumer prices rose less than expected in November, the second-straight month inflation pressures moderated more than anticipated by economists. The Consumer Price Index (CPI) for November showed a 7...
Justin Wolfers: “Inflation has clearly peaked”; CPI at 7.1%
With the FOMC meeting just 2 days away, the Bureau of Labour Statistics released its much-awaited, final CPI print of the year. Overall inflation had eased to 7.1% YoY, from 7.7% in the previous month...
Over $100,000,000 in Shorts Liquidated As Crypto Markets Bounce on Inflation Data and SBF Arrest
Crypto traders are experiencing large short liquidations triggered by news of Sam Bankman-Fried’s arrest and the latest consumer price index (CPI) data. According to the U.S. Bureau of Labor Statistic...
Inflation Hits Nearly One-Year Low—But These Prices Are Still Rising The Most
Topline Inflation grew at the slowest pace since December last month in a promising sign for consumers, but economists warn it still may be too early for investors to get overly eager about stubbornly...
Markets Climb As Inflation Keeps Cooling Off
Key Takeaways The CPI print for November came in today at 7.1%. The print is 0.6% lower than October’s, and 0.2% lower than expected. The crypto market reacted positively to the news, with BTC and ETH...
Cramer recommends caution as stocks rally on inflation data
S&P 500 opened more than 2.0% up this morning after the U.S. Bureau of Labour Statistics said consumer prices weren’t up as much as expected in November. Cramer reacts to the CPI print Versus a ye...
AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data – Market Updates Bitcoin News
Avalanche rose to a one-week high on Tuesday, as markets reacted to the latest inflation report in the United States. Consumer prices rose to 7.1% in November, which was lower than the 7.3% markets ha...
US inflation remains elevated but falling – time to buy equities?
The most-awaited US November inflation report was just released a couple of hours ago. It showed that inflation, while elevated, is falling. Financial markets have waited for the report to prepare for...
Bitcoin, Ether Jump After U.S. CPI Report Shows Slower-Than-Expected November Inflation
Bitcoin (BTC), the largest cryptocurrency, which has been relatively steady so far in December, jumped 1.6% in the minutes after the report was released, to about $17,930; it’s up 5.2% over the ...
Stock market soars as inflation comes in below expectations
Investors are smiling as the US inflation print for November came in at 7.1% this afternoon. This beats even the most optimistic of analysts, with 7.3% the consensus forecast ahead of the announcement...
Cooling Inflation Has Bitcoin, Stocks Heating Up
Bitcoin and ether rallied Tuesday morning on cooler-than-anticipated inflation data ahead of the Federal Reserve’s interest rate decision. Inflation rose 7.1% year-over-year in November, coming ...
CPI Inflation November Report Produces Two Alternate Investment Trends
Two competing alternatives getty This morning’s November CPI report adds another notable inflation improvement. The All Items monthly rates fell from October’s low, 0.4% rates to: A nominal (actual) d...
Massive Bitcoin Volatility as US Inflation (CPI) Clocks in at 7.1% For November
The United States Bureau of Labor Statistics published the numbers for the Consumer Price Index. This is the most commonly-used metric to gauge inflation in the United States, and it clocked in at 7.1...
Bitcoin hurtles toward $18,000 as inflation comes in below expectations, crypto stocks soar
Bitcoin and crypto prices soared following lower-than-expected U.S. inflation data for November. Crypto stocks bounced in line with U.S. stock futures. Bitcoin was hurtling toward $18,000 shortl...
Inflation Falls Further in November, Bitcoin Jumps – Trustnodes
Inflation has continued falling in the month of November since it reached a peak of 9.1% in June according to the Bureau of Labour Statistics. “The Consumer Price Index for All Urban Consumers (CPI-U)...
Prices rose less than expected in November, up 7.1% from a year ago
Prices rose less than expected in November, the latest sign that the runaway inflation that has been gripping the economy is beginning to loosen up. The consumer price index, which measures a wide bas...
U.S. inflation shows signs of cooling at 7.1% in November, below estimates
Inflation in the U.S. came in at 7.1% in November, compared to the 7.3% year-on-year forecast. The month-on-month increase was 0.1%, down from 0.4% in October. Cryptocurrencies and traditional ...
Is CPI Inflation Really Coming Down? Four Reasons To Be Worried About The Next Ten Years
The bond market is guessing that inflation will average 2.2%. Is this foolish? Supply chain, Bayonne, N.J. (Photo by Spencer Platt) Getty Images Today’s CPI number will be not too horrible. Moreover, ...
Bond Traders Bet on Recession-Level Inflation Plunge Next Year
(Bloomberg) — If the bond market is correct, US inflation is about to plummet at the pace that it did during the 2008-2009 global financial crisis. Most Read from Bloomberg The gap between yield...
Bitcoin Hits One-Month High Ahead of US Inflation Data
Bitcoin probably benefitted from haven flows stemming from the unease about the health of the dominant cryptocurrency exchange Binance. The cryptocurrency’s dominance rate, or the share in the c...
All eyes are on tomorrow’s crucial inflation report. Here’s how the Fed, the economy, and markets could respond
Americans have grappled with record gasoline prices and soaring food costs this year in a cost-of-living crisis that is reminiscent of the inflationary 1980s. Year-over-year inflation, as measured by ...
Stocks edge higher ahead of inflation data, Fed meeting
U.S. stocks rallied Monday ahead of a busy week for investors, with key inflation data and the Fed’s last policy meeting of the year on tap over the next two days. The S&P 500 (^GSPC) gained...
Inflation Was So Bad That It Even Crushed Inflation-Linked Bonds
(Bloomberg) — As the US economy veered toward the biggest inflation shock in four decades, investors flocked to the one corner of Wall Street that seemed a sure-fire refuge: Treasuries that prov...
How Much Has Inflation Increased In 2022? And Are Prices Still Rising?
| Getty Images Key Takeaways Inflation has exceeded 7.5% this year, though it has started to slow in recent months. Many factors, from supply chain issues to war in Ukraine, have contributed to high i...
Consumers see inflation easing considerably in the next year, New York Fed survey shows
Shoppers carry bags of purchased merchandise at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Consumers grew more optimistic about inflatio...
BTC, ETH Move Lower Ahead of US Inflation Data – Market Updates Bitcoin News
Bitcoin was trading under $17,000 to start the week, as markets prepared for a big week of economic announcements. U.S. inflation figures will be released tomorrow, and are expected to fall to 7.3%. M...