Economy

Economy

オピニオン

The Fed Can't Whip Inflation Alone

The source of high U.S. inflation is pretty clear, and it doesn't have much to do with the money supply.

U.S. President Joe Biden speaks about gas prices on June 22 in Washington. (Drew Angerer/Getty Images)

マーケット

US Inflation Gauge Jumps to Fresh 4-Decade High of 9.1%; Bitcoin Falls

The new Consumer Price Index (CPI) reading keeps pressure on the U.S. central bank to further tighten monetary policy aggressively at its next meeting later in July.

A tiny dollar bill held between thumb and forefinger

マーケット

US CPI Preview: Inflation Likely to Climb to New 40-Year High

A hotter-than-expected core CPI figure could bring renewed selling pressure to the bitcoin market.

Inflation in the U.S. probably rose to another four-decade high in June. (Mediamodifier/Pixabay)

マーケット

Bitcoin Drops to $19.7K as Recession Concerns Weigh on Financial Markets, Euro Nears Dollar Parity

Singapore’s state-owned investor Temasek said it sees more broader-market declines in the coming months.

Los precios de bitcoin cayeron a $19.700 esta mañana. (Adam Smigielski/E+/Getty Images)

政策

Federal Reserve Board: Recent Market Turmoil Shows ‘Structural Fragilities’ of Crypto

The report is a preview of Fed Chair Jerome Powell's testimony in Congress next week.

Bankers are warning the Federal Reserve board about the dangers of launching a digital dollar, at a time when several new members were sworn in this week. (Drew Angerer/Getty Images)

動画

Elon Musk Has ‘Super Bad Feeling’ About Economy: Report

According to Reuters, Tesla CEO Elon Musk is looking to cut 10% of the electric automaker’s workforce and is sounding the alarm about the state of the U.S. economy. “The Hash” panel discusses his comments as more crypto firms are slashing jobs.

CoinDesk placeholder image

マーケット

Goldman Sees Little US Economic Impact From Lower Cryptocurrency Prices

The stock market decline has had a much larger effect on U.S. household net worth, the bank said.

U.S. households have suffered little from recent crypto market declines. (Jonathan Meyer/Pexels)

マーケット

Bitcoin, Major Cryptos Slide as Markets Digest Hawkish Powell Remarks

A day after the Fed chair pledged to keep tightening monetary conditions until inflation comes down, analysts and traders from crypto to stocks and futures were assessing the economic impact – from higher mortgage rates to lower company earnings.

(Andrew Harrer/Bloomberg via Getty Images)