Inflation
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.
First Mover Americas: Bitcoin Eyes Weekly Loss Ahead of US CPI
The latest moves in crypto markets in context for April 8, 2022.
A Censorship-Resistant Inflation Index Is Being Built on Chainlink
Truflation currently measures a 13.3% inflation rate, as opposed to the 7.9% measured by the Consumer Price Index in March.
BTC Fails to Break $48K as Investors Fear Inflation
Investor fears about inflation in the coming months are a possible reason for BTC’s failure to breach the $48,000 level this week, according to TradingView. Plus, what does Alternative.me’s Crypto Fear & Greed Index tell us about the overall crypto market sentiment? “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Fed Officials Discussed Shrinking Assets by Up to $95B a Month
The Federal Reserve said it is "well placed" to start reducing its holdings starting in May.
Observers Cautious for Bitcoin as US Inflation-Adjusted Bond Yield Hits 2-Year High
Typically rising borrowing costs hurt risk assets, one research firm said.
Fed’s Brainard Says Balance Sheet Reduction to Happen Rapidly
The speech comes a day before the Federal Open Market Committee will release minutes of its March meeting that will provide more details about the central bank's plan.
Fed’s Preferred Inflation Gauge Hits 40-Year High at 6.4%
The Federal Reserve’s preferred inflation gauge showed that rates rose 6.4% in February, the highest pace since 1982. “The Hash” group discusses the impact high inflation has on everyday consumers and their savings while noting cryptocurrency’s role as an alternative to the traditional financial system.
