Inflation


Markets

Analysts Warn of Headwinds as Cryptos Gain Ahead of CPI Data, Luna Classic Pares Rally

U.S. inflation data for August will be released Tuesday, and some economists expect it to show that price growth slowed for a second straight month.

Las principales criptomonedas aumentaron durante el fin de semana y los mercados de valores europeos y asiáticos subieron el lunes. (Lorenzo Cafaro/Pixabay, modified by CoinDesk)

Markets

Bitcoin Jumps Most in 6 Months as Hopes for 2023 Rate Cut Persist

ING expects a rate cut in June 2023 followed by further easing in the second half of the year.

Bitcoin se dispara 7% a medida que las expectativas de inflación disminuyen. (CoinDesk, Highcharts.com)

Markets

Federal Reserve to Act 'Forthrightly, Strongly' Until Inflation 'Job Is Done,' Powell Says

The U.S. central bank is expected to raise its benchmark interest rate by another 75 basis points this month.

Federal Reserve Chair Jerome Powell during his speech September 8, 2022 (Cato Institute)

Videos

ECB Raises Interest Rates by 75 BPs to Tame Inflation

Andre Portilho, Head of Digital Assets at BTG Pactual, discusses his crypto outlook as European Central Bank has raised interest rates by 75 basis points amid rising inflation. Plus, his comments on CoinDesk’s interview with SEC Chairman Gary Gensler.

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Policy

ECB Hikes Interest Rate 75 Basis Points as Inflation Hits

Crypto markets reacted calmly to the mammoth rise, but it may presage further aggressive action by central banks

Presidenta del Banco Central Europeo, Christine Lagarde. (Ronald Wittek/Getty Images)

Markets

Hawkish Fed Chatter Has Wall Street Betting on Big Rate Hike, Crypto Traders Shorting Bitcoin

Some of the central bank's officials want to see "several months" of low inflation to gain confidence that price pressure is easing.

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Markets

The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too

Monetary policy works through financial conditions, including equities and consequently crypto, which has been highly correlated with the equity market.

Federal Reserve Chair Jerome Powell will speak at a press conference after this week's FOMC meeting. (Federal Reserve via Wikimedia Commons)

Videos

Binance Halts USDC Support; Inflation Hits Crypto

Issuer of USDC questions Binance’s move to convert users’ stablecoin holdings into its own BUSD. Meanwhile, inflation takes a bite out of financial assets. More on those stories and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Recent Videos

Markets

Ether Primed for Pre-Merge Rally After Wedge Breakout

Ether looked north, having exited a falling wedge pattern last week, analysts said. Buyers remained on the sidelines early Monday as Europe's worsening energy crisis zapped risk appetite.

Macro factors cloud ether's bullish technical outlook. (LN_Photoart/Pixabay)