Inflation


Marchés

Bitcoin Hovers Over $30.3K Despite Renewed Inflation Worries

In comments Thursday at a Madrid event on financial stability, Fed Chair Jerome Powell said that “it will take time for the full effects of monetary restraint to be realized.”

Bitcoin daily chart. (CoinDesk Indices)

Vidéos

Fed Chair Powell Says More Interest Rate Hikes By Year End Are Likely

In prepared remarks before the House Financial Services committee, Federal Reserve Chair Jerome Powell noted, "nearly all FOMC participants expect that it will be appropriate to raise interest rates somewhat further by the end of the year." The central bank leader also shares his insights on the Fed's plans for decision making in order to return inflation to 2%.

Recent Videos

Finance

Fed Leaves Policy on Hold, Ending Long String of Rate Hikes

The U.S. central bank had previously raised rates at 10 consecutive meetings spanning the previous 15 months.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Finance

U.S. CPI Inflation Slowed to 0.1% in May; Bitcoin Rises

The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting.

(Getty Images)

Marchés

Crypto Catalyst Watch: What Might Move Markets This Week

The Federal Reserve’s latest rate hike decision and U.S. inflation data are among key upcoming items.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Marchés

Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes

The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data.

Daily bitcoin chart (CoinDesk)

Vidéos

Bitcoin Below $27K as UK Core CPI Hits Highest Since 1992

Bitcoin slid under the $27,000 level as traders react to U.K. inflation figures. The hotter-than-expected U.K. core Consumer Prices Index (CPI) rate came in at 6.8% – the highest since 1992 – against an expected figure was 6.2%. Glen Goodman, author of "The Crypto Trader", joins "First Mover" with his crypto markets analysis.

CoinDesk placeholder image

Vidéos

Fed Chair Powell Hints At Pause in Interest Rate Hike

Federal Reserve Chair Jerome Powell spoke at the Thomas Laubach Research Conference on Friday, noting that although the stubbornness of high inflation continues to reverberate through the economy, policy rates "may not need to rise as much."

CoinDesk placeholder image

Vidéos

How Crypto Markets Are Responding to Odds of an Interest Rate Hike

"If inflation continues to remain sticky, [Federal Reserve Chair Jerome Powell] is going to push us into a deeper recession than anyone wants to admit," Tactive Wealth Advisor Eddy Gifford said. Gifford also discusses the crypto market's reaction to recent U.S. monetary policy.

Recent Videos

Finance

Bitcoin Has a 'Real Problem' in U.S.: Paul Tudor Jones

The billionaire hedge fund manager also said lower inflation is also going to be a headwind for the crypto.

Paul Tudor Jones (Kevin Mazur/Getty Images for Robin Hood)