Inflation
New research projects U.S. inflation resurgence, challenging bitcoin bulls' disinflation bets
Inflation in the United States could climb above 4% this year, according to a new analysis by Adam Posen of the Peterson Institute and Peter R. Orszag of Lazard.
Bitcoin spikes to $92,500 as U.S. December consumer prices rise 0.3%
The U.S. Consumer Price Index came in roughly in line with expectations as market participants largely expects the Fed to leave interest rates unchanged at the January meeting.
U.S. inflation data surprises, with CPI higher by just 2.7% in November
Bitcoin rose above $88,000 on the pleasing news as forecasts had been for inflation to continue to run above 3%.
Bitcoin is all over the place ahead of U.S. inflation data
U.S. inflation data for November, expected to show a 3.1% increase in CPI, could influence Federal Reserve interest rate decisions.
Most Influential: Jerome Powell
Powell’s decisions as Fed chair have continued to have a massive impact on bitcoin and the wider cryptocurrency markets.
Bitcoin Shines as a 'Liquidity Barometer,' Not an Inflation Hedge, NYDIG Says
Gold, traditionally seen as an inflation hedge, also shows inconsistent and often negative correlations with inflation, the data shows.
Bitcoin Climbs as Economy Cracks — Is it Bullish or Bearish?
CPI surprises to the upside while cracks widen in U.S. labor market; bitcoin climbs as the dollar weakens and bond yields fall.
Rising Jobless Claims Eclipse Inflation Data as Recession Fears Resurface
Initial jobless claims surged to 263,000 last week — the highest in 4 years — signaling weakening growth and bringing stagflation fears to the forefront.
U.S. CPI Rose a Faster-Than-Expected 0.4% in August; Core Rate in Line
The headline news is sending markets, bitcoin included, lower, but isn't likely to derail the Fed from trimming interest rates next week.
Crypto Prices Buoyed by Soft PPI Data; Bitcoin Tops $113K
Traders boosted bets that the Fed would cut rates by 50 basis points next week, but bitcoin bulls have plenty of reason for caution.
