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Economy
Deutsche Bank Issues Stark US Inflation Warning, Seeing Economic Parallels to 1940s, 1970s
Inflation could send the global economy into recession as central banks lose control, according to Deutsche Bank.
US Added 559K Jobs in May, Missing Estimates Again
The sluggish economy could prompt the U.S. Federal Reserve to more slowly toward tapering its $120 billion in monthly bond purchases.
Ray Dalio Says He Has ‘Some Bitcoin’
Ray Dalio who runs Bridgewater Associates, the world’s largest hedge fund, sees an inflationary future where “cash is trash,” and he’d “rather have bitcoin than a bond.”
US CPI Report Shows April Inflation Faster Than Expected, Highest Since 2008
Nearly all major components of the CPI increased in April, a sign that pent-up demand is fueling a rebound in economic mobility.
US Added 266,000 Jobs in April, Missing Estimates for 1M Gain
The unemployment rate edged up to 6.1% from 6%.
A Year After Coronavirus Meltdown, Few Investors See Risk of Deflation: Deutsche Bank
Inflation remains a key focus, according to a survey of global investors, although risk of a "Fed taper" appears low.
Stimulus, Economy and the Impact on Bitcoin and Crypto
The U.S. Congress is set to approve a $1.9 trillion COVID-19 relief plan. “The Hash” panel discusses the forthcoming stimulus’ impact on the crypto market.
US Inflation Rate Accelerates in February, Could Go Higher as Economy Reheats
The 12-month rate represents an acceleration from January's 1.4% clip, a pickup partly driven by higher gasoline price.
Inflation Rate, Closely Tracked by Bitcoin Traders, Probably Accelerated in February
The CPI for February probably rose 1.7%, accelerating from the January pace of 1.4%, based on economists' projections.
How Bitcoin Could Be Affected by February’s Positive Jobs Report
Treasury yields are up with job numbers topping economist expectations. What does it mean for high-risk assets like bitcoin?
