6 / 19 Relevant items tagged with #Inflation

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39% of Canada’s institutional investors have exposure to crypto: KPMG

[Apr 24 7:23 PM] KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto.

What Is Bitcoin Meant to Hedge?

[Apr 17 12:36 PM] The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view.

Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics

[Apr 13 1:19 PM] As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in…

Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print

[Apr 10 3:00 PM] Major U.S. equity indices closed the day lower as faster CPI reading for March, will BTC was up 1%.

Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says

[Apr 10 7:36 AM] The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month to reach 3.5%. The Bureau of Labor Statistics reported that the rise was primarily fueled by increases in shelter and…

U.S. CPI Comes in Faster Than Hoped, Rising 0.4% in March, 3.5% Y/Y

[Apr 10 6:36 AM] Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.

Peter Schiff Warns High Inflation Returning — Accuses JPMorgan CEO Jamie Dimon of Sugarcoating the Problem

[Apr 9 5:26 PM] Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate hikes will be necessary. He also criticized JPMorgan CEO Jamie Dimon for downplaying the severity of the U.S. economic…

Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes

[Apr 7 11:32 AM] Inflation in the U.S. has remained persistent, experiencing increases in the first two months of 2024, prompting members of the U.S. Federal Reserve to exercise caution against premature rate reductions. Federal Reserve Governor Michelle Bowman has…

Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase

[Apr 5 8:28 AM] Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said.

Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report

[Apr 3 2:00 PM] Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.

Argentina President Milei Disappoints Some Bitcoiners as Crypto Registration Rule Begins

[Apr 2 11:23 AM] The nation unveiled a mandatory registration process for cryptocurrency platforms.

Peter Schiff: Something Big Is Happening That Very Few Investors Are Prepared For

[Apr 1 5:17 PM] Economist and gold bug Peter Schiff has warned that something big is happening that very few investors are prepared for. “More importantly, governments and central banks are not prepared for it either,” he stressed. Schiff explained…

Peter Schiff Warns of Severe Economic Repercussions, Highlights Inflation and Money Supply Concerns

[Mar 30 1:22 PM] In a recent analysis, economist Peter Schiff draws stark comparisons between the current U.S. economic optimism and the prelude to the 2008 financial crisis. Schiff, leveraging his expertise, warns of impending financial turmoil, emphasizing the…

Argentinians Buy Bitcoin to Combat Inflation, Pass Friendly Legislation

[Mar 26 1:30 PM] The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…

Bitcoin Sells Off 3%; Is Macro Risk Returning to Market?

[Mar 14 10:11 AM] U.S. economic data on Thursday has sent rates and the dollar higher.

Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady

[Mar 13 1:30 PM] The U.S. Consumer Price Index (CPI), experienced a 3.2% increase over the 12 months ending in February, marginally higher by 0.1% compared to January’s CPI. This development is not being well-received by the financial markets, as the U.S…

Bitcoin's Wild Four Hours: New Record of $73K, Tumble to $69K, Rebound to $71K, $360M in Liquidations

[Mar 12 12:45 PM] Momentum behind bitcoin's rally has waned so expect a period of consolidation, Matrixport analysts noted.

Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High

[Mar 6 2:03 PM] If bitcoin’s an inflation hedge, shouldn’t we adjust it for inflation?

CPI Report Triggers Market Tumble: Stocks and Crypto Decline as Inflation Concerns Mount

[Feb 13 12:15 PM] On Tuesday, the U.S. Bureau of Labor Statistics released its Consumer Price Index (CPI) report, indicating a 0.3% rise in January. Following the release, all three major stock indices experienced a decline, Treasury yields climbed, and crypto…

Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation

[Feb 13 9:03 AM] The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.

Nigerian Currency Depreciation: Central Bank Head Reaffirms Commitment to Reviving Confidence in the Economy

[Feb 8 3:30 AM] The Nigerian central bank remains committed to building confidence in the economy but that hinges on the implementation of “bold reforms” and residents’ help in easing pressure on the naira. However, critics have faulted the…

Egypt Aims to Ease Pressure on Forex Reserves via $1 Billion Treasury Bill Auction

[Feb 6 4:00 AM] Barely a month after raising $850 million from an auction of dollar-denominated treasury bills, the CBE was reportedly poised to raise $1 billion via similar instruments. The decision to hike overnight interest is said to be part of the central…

Fed Chair Powell Says US Government Is on ‘Unsustainable’ Fiscal Path

[Feb 5 7:00 PM] Federal Reserve Chairman Jerome Powell says in the long run, the U.S. federal government is on an unsustainable fiscal path due to its ballooning debt growing faster than the economy. Moreover, the Fed chair cautioned that there will be some banks…

Coinbase Sees Positive Setup for Bitcoin as Exhaustion Hits Factors Pressuring BTC

[Feb 4 7:34 PM] Cryptocurrency exchange Coinbase says many technical factors pressuring bitcoin, and crypto more broadly, are starting to be exhausted. “We expect macro factors to become more relevant for the digital asset class in the weeks ahead, which…

Economist Peter Schiff Discusses Likelihood of a Fed Interest Rate Cut in March

[Feb 1 8:30 PM] Economist Peter Schiff says Federal Reserve Chairman Jerome Powell taking the March rate cut off the table “may have actually raised the probability that the Fed will indeed serve up the first rate cut in March.” Moreover, Schiff…

Top 8 Crypto Trends That Will Dominate The Market In 2024: Analyst

[Jan 11 11:00 AM] Renowned analyst Ted (@tedtalksmacro) has offered a detailed forecast for 2024 in the crypto market. His analysis on X (formerly Twitter) touches on several critical points, from macro events, the Bitcoin Halving to fresh liquidity in the market…

Morgan Stanley’s Chief Economist Predicts Rate Cuts ‘This Year’ as Market Eyes Federal Reserve’s Next Move

[Jan 8 12:30 PM] This year, mirroring last year’s speculation, market observers are keenly awaiting decisions from the U.S. Federal Reserve concerning the federal funds rate, with a particular focus on potential rate cuts this year. Ellen Zentner, Morgan…

US Treasury Secretary Janet Yellen Declares ‘Soft Landing’ Reached, Americans Recovering Optimism

[Jan 8 12:30 AM] Janet Yellen, U.S. Treasury Secretary and former Chairman of the U.S. Federal Reserve, believes that the recent improvements in the American economy show that the country has achieved a soft landing. For Yellen, the recent low figures of inflation…

Peter Schiff Says ‘Big Surprise’ Awaits in 2024 — Warns of Crash, Recession, High Inflation Returning With Vengeance

[Dec 28, 2023 8:30 PM] Economist Peter Schiff has shared some predictions for 2024. “The big surprise in 2024 will not only be that the economy crashes into recession, but that high inflation returns with a vengeance,” he described. The technicals are…

Report: Nigerian Currency Plunges to New Low Versus the US Dollar

[Dec 22, 2023 5:00 AM] The official exchange rate of the Nigerian currency versus the U.S. dollar recently plunged to a record low of 1,248 naira for every greenback. The governor of the Central Bank of Nigeria has told the country’s legislators that he sees the…