Inflation


Markets

Bitcoin Rallies to 2-Month High; What's Next?

The Federal Reserve's plan to accelerate quantitative tightening starting in September may bring volatility to markets.

Bitcoin hits a two-month high after encouraging U.S. inflation data. (Geralt/Pixabay)

Markets

Market Wrap: US Inflation Slows, Crypto Markets Accelerate

Bitcoin jumped sharply on CPI news before moderating.

Aparte de reducir el consumo de energía, ether está demostrando que también es más resistente a la inflación. (Timón Studler/Unsplash)

Videos

US Inflation Falls in July; What This Means for Crypto

U.S. inflation slowed to 8.5% in July according to the latest CPI print, sending bitcoin’s price jumping. The slower-than-expected reading takes pressure off the Federal Reserve to hike rates aggressively at their upcoming September meeting. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Videos

Bitcoin Spikes as US Inflation Slowed to 8.5% in July

U.S. inflation slowed in July, possibly signaling the worst of consumer-price increases is behind the economy. Bitcoin (BTC) jumped 2% in the minutes after the report. "The Hash" panel discusses the potential impact of inflation on the crypto markets and the larger financial world. "This news means that things are getting worse at a slightly slower pace than they were before," host Adam B. Levine said.

Recent Videos

Markets

US Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps

Crypto markets responded favorably after the slower-than-expected reading, which takes pressure off the Federal Reserve to hike rates aggressively at the September meeting.

Small Shrinking Currency Dollar in Inflation  (iStock)

Markets

Inflation Probably Slowed in July, but Not by Enough to Trigger Crypto Bull Run

Goldman Sachs still sees the risk of higher consumer prices.

The Fed is unlikely to take comfort from the slight expected decline in the headline Inflation. (stevepb/Pixabay)

Markets

Americans See Inflation Plunging Next Year, New York Fed Survey Finds

Respondents to the widely considered survey expect inflation to run at 6.2% in 2023, which is down 0.6% from last month’s survey.

(Source: New York Fed Survey of Consumer Expectations)

Policy

Bank of England Raises Interest Rate by Most Since 1995

At 1.75%, the rate is now the highest since the start of the global financial crisis in late 2008.

El Banco de Inglaterra sube las tasas en 50 puntos base. (PeterRoe/Pixabay)