Inflation
Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too
Federal Reserve Chair Jerome Powell says the speed of the Silicon Valley Bank run was “very different from what we’ve seen in the past.” However, Treasury Secretary Janet Yellen said she is not considering a "blanket" deposit guarantee.
Does Bitcoin’s Rally Vindicate the ‘Inflation Hedge’ Thesis – or Is Risk Back on the Menu?
Two views on why bitcoin's price rose by so much this month amid bank runs and uncertainty on whether the Federal Reserve will raise interest rates.
Bitcoin Hits 9-Month High as U.S. Inflation Slowed to 6% Annual Rate in February
Bitcoin (BTC) broke above $26,000 after the latest report from the Bureau of Labor Statistics (BLS) showed U.S. inflation dropping to 0.4% from 0.5% in January, slowing to 6% on a year-over-year basis. “The Hash” panel discusses the impact of the cooling inflation on crypto markets.
Bitcoin Breaks $25K as U.S. Inflation Slowed to 6% in February
BTC rose to a nine-month high of $25,484 in the minutes following the inflation report and then extended those gains.
Bitcoin Climbs Above $22K as Powell Softens Tone on Day 2 of Congressional Testimony
The Fed chair said no decision has yet been made on the size of the coming March rate hike.
Bitcoin Touches 3-Week Low as Market Sees Federal Reserve Lifting Rates to 5.65%
Bitcoin fell to a three-week low earlier Wednesday, as U.S. Federal Reserve Chairman Jerome Powell's hawkish testimony to Congress spurred traders to price in a higher "terminal rate." The Digital Economy Initiative Advisory Council Member Martha Reyes discusses the impact of the central bank leader's speech on digital assets and the outlook on the dragging battle against inflation.
Bitcoin Rebounds Above $22K, Equities Struggle After Fed Chair Powell Says Rates Are ‘Likely to Be Higher’
Over 70% of traders now see the possibility of a 50 basis point rate hike at the March FOMC meeting. Bitcoin has dropped 1.6% in the past 24 hours but remained rangebound.
Fed’s Powell: Ultimate Level of Interest Rates Likely Higher Than Previously Expected
Federal Reserve Chairman Jerome Powell is speaking to lawmakers about his semi-annual monetary policy report and explains why "the ultimate level of interest rates is likely to be higher than previously anticipated," as the battle against inflation drags on.
Bitcoin Price Slides to $22K as Powell Warns on Inflation
The Federal Reserve chairman said economic figures from January were stronger than expected.
