Argentines continue to enter the crypto market and engage in P2P Bitcoin trading. The volume of P2P Bitcoin trading has been consistent as the country faces high inflation volumes. Argentines continue...
Tag: Inflation
Should you buy or sell the British pound amid inflation coming down?
This week it is all about inflation data. Yesterday, financial market participants learned that yearly inflation in the United States reached 6.4%, a tad higher than expectations, as written here. Inf...
BTC, ETH Extend Gains Following US Inflation Report – Market Updates Bitcoin News
Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Over...
U.S. CPI Drops Slightly In January, But Fed Now Expects Higher Rates For Longer
Inflation fell less thank expected in January Getty Key Takeaways Year-over-year inflation cooled slightly in January, but less than economic experts forecasted Monthly inflation painted a more concer...
Tesco share price recovery stalls as UK inflation dips again
Tesco (LON: TSCO) share price has held quite well in 2023 even as the UK economy stares at its worst recession in more than a decade. It is also doing well even as high street retailers collapse at th...
Convex Finance Price Slips Under $6.5 As Markets Await Inflation Data
Join Our Telegram channel to stay up to date on breaking news coverage The Convex Finance price appears to be losing its bullish momentum in tandem with the downward action across the board. CVX price...
EUR/GBP analysis ahead of UK inflation data, Lagarde speech
The EUR/GBP exchange rate pulled back this week ahead of the upcoming UK consumer and producer inflation data and a speech by Christine Lagarde. It retreated to a low of 0.8830, the lowest point since...
U.S Inflation Falls to 6.4% in January as per Recent Release
13 seconds ago | 2 mins read Bitcoin News JPMorgan Chase & Co.’s economic experts predicted a drop to 6.2% in January. The rate will be a major factor for Federal Reserve policymakers regarding in...
Dow Jones Futures: Market Rally Shrugs Off Hot Inflation, Tesla Runs; Airbnb Flies On Earnings
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. Airbnb (ABNB) soared late on earnings while CRDO stock plummeted on a warning. Shopify (SHOP) leads result...
Stock Market Swings After Inflation Fuels Uncertainty Over Fed Rate Hikes
Topline Stocks stumbled Tuesday after data revealed inflation isn’t slowing down as quickly as economists expected—ushering in volatility that many experts predict will only continue in the coming mon...
Stocks were steady even as U.S. inflation rose
U.S. egg prices jumped by two to three times in January. Fatih Aktas | Anadolu Agency | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC ...
El-Erian, Rogoff Say It’s Too Late to Fix Too-Low Inflation Target
(Bloomberg) — Wall Street’s reaction to Tuesday’s consumer-price index shows investors are realizing inflation is likely to remain higher than the Federal Reserve’s goal for longer. Two heavywei...
Market ingests today’s inflation print. How did crypto react?
U.S. CPI data has just been revealed and shows a slight fall, but not as far as expected. Inflation not defeated The Consumer Price Index year on year has just returned a figure of 6.4%. This is wors...
US Inflation Remains Higher Than Expected, Raising Concerns Among Investors – Economics Bitcoin News
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue ...
Inflation rises 0.5% over last month in January, most since October
Inflation picked up in the first month of the year, defying optimism from investors and officials over a steady move lower seen in recent readings. The Consumer Price Index (CPI) for January showed a ...
Inflation is more complex than markets believe
An aerial daytime view of a container ship on The Solent Sea, U.K. Karl Hendon | Moment | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNB...
January’s consumer price index might surprise markets
Michael H | Digitalvision | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they n...
BTC Edges Closer to $22,000 Ahead of US Inflation Report – Market Updates Bitcoin News
Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January...
Inflation Fell To 6.4% In January—But Is Still Worse Than Economists Expected As Rent, Food And Gas Prices Keep Rising
Topline Annual inflation in January fell for a seventh straight month but prices still rose more than economists projected since December—signaling inflation may take longer than previously thought to...
Bitcoin Volatile as Inflation Falls Slightly – Trustnodes
January’s inflation data will be a bit disappointing for markets with the Consumer Price Index (CPI) down by only 0.1% from January on the annual measure to 6.4% from 6.5%. That’s slightly higher than...
Silver price moves from bad to worse after strong inflation numbers
Silver price continued its bearish trend after the US published January’s consumer inflation numbers. After peaking at a multi-month high of $24.60 early this month, the XAG/USD price has plunged by ~...
Consumer price index January 2023:
Inflation turned higher to start 2023, as rising gas and fuel prices took their toll on consumers, the Labor Department reported Tuesday. The consumer price index, which measures a broad basket of com...
New inflation figures herald big day for crypto
With the new inflation figures out today crypto is likely to have an extremely volatile day. Uncertainty in inflation Today at 13:30 GMT the U.S. Consumer Price Index (CPI) data will be published, whi...
U.S. inflation is ‘far stickier’ and could last a decade
U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management. Wall Street is gearing up for key infl...
Fed is not your friend
As Wall Street gears up for key inflation data, Wells Fargo Securities’ Michael Schumacher believes one thing is clear: “The Fed is not your friend.” He warns Federal Reserve chair J...
Fade The CPI Inflation Report; Here’s What Matters To The Fed, S&P 500
The January CPI inflation report out Tuesday at 8:30 a.m. ET has been built up as a key data release for the Fed policy outlook and the S&P 500 direction. That’s way overblown. Sure, Wall St...
Crypto markets wrought ahead of US inflation data as regulatory issues steal focus
Crypto markets were roiled by the SEC last week, and now there’s even more uncertainty after the New York Department of Financial Services ordered Paxos to stop issuing BUSD. Next up is U.S. inf...
Inflation report due Tuesday has the potential to deliver some bad news
Prices are displayed in a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Just as Federal Reserve officials have grown optimistic that inflation is coo...
Inflation could ease faster than Fed believes, reducing need for rate hikes, easing recession risk
Could inflation ease more swiftly than the Federal Reserve expects? Consumer price increases have pulled back sharply in recent months but Fed Chair Jerome Powell says further declines to the Fed’s 2%...
U.S. stock futures point to cautious open as inflation data looms
U.S. stock futures were barely changed as wariness over inflation and rate rises suppressed risk appetite. How are stock-index futures trading S&P 500 futures ES00, +0.14% rose 2 points, or less t...
Here come the 5% CDs
Don’t touch that dial. If you’re looking for certificates of deposit, the interest rates on offer should be—here’s hoping—heading higher following the latest inflation numbers out Tuesday morning. Rea...