A widely used technical definition says that two consecutive quarters of negative GDP means the economy is in a recession.
Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point
Latest monetary policy decision from Federal Open Market Committee (FOMC) brings the federal funds rate to a range of 2.25%-2.5%. Bitcoin’s price was little changed after the announcement.
Rate Hike at Fed’s July Meeting Provides a Credibility Test, With Cuts Already on Horizon
Fed preview
Zipmex Confirms Loans Worth $53M to Babel and Celsius
The Fed Is Upside-Down on Inflation and That’s a Big Risk
U.S. 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.
Jobs Growth Is the Savior of Inflation-Wracked US Economy
CPI preview
US Job Growth Remains Historically Strong, Exceeding Economists’ Expectations
U.S. employers added TK jobs in June.
Do Rate Hikes Matter? Bitcoin Traders Learn How Fed Moves Markets in Twitter Era
Powell Says Fed Plans Recommendation to Congress on CBDC
The chair of the Federal Reserve testified before House lawmakers on Thursday.
Fed Chair Powell Says Soft Landing Will Be ‘Challenging,’ Calls for Crypto Regulation
La Reserva Federal anuncia la mayor subida de tipos de interés en 28 años, mientras bitcoin cae
Los operadores de bitcoin han seguido de cerca las acciones del banco central estadounidense en busca de pistas para el mercado.
Fed Announces Biggest Interest Rate Hike in 28 Years; Bitcoin Falls
Bitcoin traders have been closely monitoring the U.S. central bank’s actions for market clues.
Traders de bonos suben apuestas ante el aumento de la tasa de la Fed e incrementan presión sobre bitcoin
La herramienta CME FedWatch muestra que los operadores ven en un 94% la posibilidad de que se anuncie un aumento de 75 puntos básicos el miércoles.
Bond Traders Raise Bets for Fed Rate Hike, Adding to BTC Pressure
Inflation Unexpectedly Reaccelerated to 8.6% in May, Hitting a Fresh Four-Decade High
Bitcoin continues to trade on both sides of the $30,000 level in the minutes following the report.
U.S. May Job Growth Tops Expectations, With 390K Added
The unemployment rate fell to its lowest level since TK.
FTX’s Harrison Says Stablecoin Demand Will Survive Terra’s Collapse
CoinDesk interviewed FTX’s Brett Harrison at the World Economic Forum’s annual meeting 2022 last week.
Mastercard CEO Teases CBDC Panel: SWIFT May Not Exist in 5 Years
Mastercard CEO Michael Miebach spoke on a panel about the future of cross-border payments and CBDCs at the World Economic Forum in Davos.
Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It
Everyone celebrated the arrival of institutional investors to the bitcoin market as their rising adoption helped send prices soaring. Now, with correlations to traditional markets at an all-time high, fingers are pointing over the market swoon.