Stubbornly high inflation so far in 2024 appears to be standing in the way of the Fed’s willingness to begin cutting rates.
U.S. CPI Inflation Jumped to 3.7% in August, More Than Expected
Higher oil prices were behind the jump in headline inflation last month.
U.S. CPI Inflation Jumped to 3.7% in August, More Than Expected
Higher oil prices were behind the jump in headline inflation last month.
Headline CPI Expected to Have Spiked Higher in August, but Core Rate Seen Slowing
The U.S. government on Wednesday morning will release its latest official inflation data.
U.S. July CPI Mostly In Line, Rising 0.2% for Month, 3.2% Y/Y
This morning’s inflation numbers are among the key pieces of data the Fed will be looking at next month as it determines the course of monetary policy.
Binance ‘FUD’ meets CPI — 5 things to know in Bitcoin this week
A spike in transaction fees and repeated BTC withdrawal outages at Binance provide a fraught backdrop to a week of Bitcoin volatility triggers.
Bitcoin price teases $30K breakdown ahead of US CPI, FOMC minutes
BTC price action becomes less sure of itself as a slew of U.S. macro data promises volatility across Bitcoin and risk assets.
Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.
Ethereum back in price discovery as ETH approaches $5K
The world’s second-largest cryptocurrency crossed the $4,700 mark following Bitcoin’s rally.
Ethereum bounces but ETH price in danger of turning $2.3K into new resistance
The Federal Reserve chairman sidelined inflation concerns, which appears to have coincided with a relief bounce for Ethereum.
Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech
The latest price declines came after the US inflation rose to a 30-year high in June.
Gold outshines Bitcoin in Q2 even after posting its worst month since 2016
Safe-haven rivals move inversely to one another in a quarter mired by mixed inflation reports, Elon Musk FUD, and a suddenly hawkish Federal Reserve.
98% of CFOs say their hedge fund will invest in Bitcoin by 2026: Study
The survey results coincide with U.S. inflation climbing to the highest levels since 1992.
Can a rising CPI boost Bitcoin? 3 reasons BTC price is rebounding above $36K
Economists expect the annual Consumer Price Index (CPI) to climb to 4.7%.