Economy
Fed's Powell Says 50 Basis Point Hike ‘On the Table’
The Federal Reserve chair spoke on a panel about the global economy presented by the International Monetary Fund.
Will Rising Interest Rates Sink the Crypto Ecosystem?
Competition for capital is clobbering speculative investments like tech stocks. Digital assets have held up comparatively well – so far.
What Would Deglobalization Mean for Bitcoin’s Price?
Geopolitical crises like the Russia-Ukraine war are reversing the era of globalization, where people enjoyed lower costs from the expansion of free trade and labor offshoring.
US Inflation Jumps to Fresh 4-Decade High of 8.5% in March
The U.S. Consumer Price Index accelerated last month as supply bottlenecks and war-related sanctions pushed already-elevated inflation higher.
White House in Damage Control Mode as Crypto Markets Brace for 8%-Plus Inflation
The Biden administration blames Russia's war on Ukraine for the extraordinary elevated inflation to be revealed by Tuesday's data from the U.S. Labor Department.
US Adds 431K Jobs in March, as Unemployment Rate Nears Pre-Pandemic Level
Bitcoin ticked up 1% after the monthly jobs report was released.
Recession Signals Light Up as Section of US 'Yield Curve' Inverts
The recession hint could have bearish implications for risk assets, including bitcoin.
US Inflation Rises to 7.9% in February, Fresh 4-Decade High
Bitcoin, seen by some investors as a hedge against rising prices or dollar devaluation, was little changed after the Consumer Price Index (CPI) report, which closely matched economists' expectations.
Inflation, Tracked by Bitcoiners, Keeps Accelerating, and It Hasn't Even Peaked
The consumer price index, due out tomorrow morning, is expected to show inflation in February ticked up to 8% versus a year ago, a fresh four-decade high.
