Economics


Markets

Fed's Powell Says 50 Basis Point Hike ‘On the Table’

The Federal Reserve chair spoke on a panel about the global economy presented by the International Monetary Fund.

Federal Reserve Chair Jerome Powell on a panel hosted by the International Monetary Fund on April 21, 2022. (IMF)

Markets

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.

Binance Labs recauda $500M para invertir en Web 3 y blockchain. (Giorgio Trovato/Unplash)

Markets

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.

Federal Reserve building (Paul Brady Photography/Shutterstock)

Markets

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.

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Markets

US Adds 431K Jobs in March, as Unemployment Rate Nears Pre-Pandemic Level

Bitcoin ticked up 1% after the monthly jobs report was released.

(Clem Onojeghuo/Unsplash)

Markets

Fed’s Preferred Inflation Gauge Up 6.4% in February to Four-Decade High

Bitcoin remained roughly flat after the release of the Commerce Department's report.

(Engin Akyurt/Unsplash)

Markets

Fed Chair Powell’s Hawkish Stance on Inflation Could Hurt Crypto

Interest rate hikes could drive down crypto, especially because of its strong correlation with traditional financial markets, analysts say.

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, D.C, U.S., on Monday, March 21, 2022. The theme of this year's annual meeting is "Policy Options for Sustainable and Inclusive Growth." (Valerie Plesch/Bloomberg via Getty Images)

Markets

Fed Raises Benchmark Interest Rate by 25 Basis Points

The prospect of higher rates has weighed on bitcoin and other risky assets.

Fed Chair Jerome Powell (Brendan Smialowski-Pool/Getty Images)

Markets

Market Wrap: Bitcoin Stuck Below $40K, Altcoins See Less Selling Pressure

BTC is down 6% over the past 24 hours, compared with a 3% decline in ETH and a 20% rally in STX.

Cryptos reverse course (cdd20, Unsplash)