U.S. Inflation Hits 40-Year High of 9.1%
The all items Consumer Price Index has increased by 9.1% over the past year. U.S. Inflation Hits 40-Year High U.S. inflation is at a four-decade high, the Labor Department has...
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Bitcoin tanks on highest CPI data since 1981 as BTC price dips under $19K
U.S. inflation comes in a full 0.3% higher than expected, causing a dollar strength spike and the euro to fall below parity with USD.
Bitcoin circles $20K pre CPI amid warning Fed risks ‘blowing up’ economy
"Highly elevated" CPI numbers due in hours as one theory suggests that there is already no more room for Fed rate hikes.
Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data
Crypto market jitters around inflation expand with Bitcoin and Ethereum dropping to levels not seen since last week.
Bitcoin risks new lows as $20K looms amid dollar euro parity
Support is thin on the ground, analysts and traders warn, as ex-BitMEX CEO Arthur Hayes heralds the start of the fiat currency "doom loop" with USD/EUR parity.
US inflation data will be ‘messy’ — 5 things to know in Bitcoin this week
A potent combination of CPI figures and more make for a problematic week as Bitcoin price struggles.
Key Bitcoin chart ‘will confirm bottom is in’ by July 15, says trader
It's all about two moving averages crossing over as proof that BTC price action is done with the dip.
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations,…
JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed
The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the…
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However,…