Inflation
Bitcoin Price Rejects $120k After Mixed US PPI Inflation Report
The U.S. Producer Price Index (PPI) showed no change in June, according to data released Wednesday by the Bureau of Labor Statistics. This was below economists’ expectations of a 0.2%...
June CPI Report: US Inflation Reaches Highest Level Since February
The Bureau of Labor Statistics released the US CPI (Consumer Price Index) report for June, showing that headline inflation rose 0.3% MoM (month-on-month), which is its largest monthly increase since...
June CPI Report Looms Large as Inflation Heats Up, Crypto Surges Ahead
Investors are on edge this morning as the crucial Consumer Price Index (CPI) for June is set to be released at 8:30 a.m. ET. The report could signal whether inflationary...
Commerce Secretary Howard Lutnick Uses Tariff ‘Windfall’ to Pressure Jerome Powell
US Commerce Secretary Howard Lutnick shared a lengthy X post about interest rates, urging the central bank to lower them. He stated that the US government is collecting over $30 billion...
Upcoming US CPI Report to Test Fed Rate Cut Hopes After Strong Jobs Data
Crypto markets are on high alert for the May U.S. Consumer Price Index (CPI) report on June 11, a high-stakes data release that will test the market’s waning hopes for...
Polymarket Recession Bets Drop to 26% as Traders Dismiss Fed Staff Warning Signals
Prediction market speculators have grown more optimistic about American economic prospects. Polymarket bettors now assign only a 26% probability of recession by the close of 2025. This represents a sharp...
Crypto Markets on Edge as Crucial US Inflation Report Drops Tonight
The U.S. Bureau of Economic Analysis is scheduled to release its key inflation gauge, the Personal Consumption Expenditures (PCE) Price Index, tonight, putting the crypto market on watch for potential...
Inflation Data Day: US CPI Expected Hot, China CPI Flat – Crypto Markets Brace
Global markets are on edge Thursday as key inflation reports from the U.S., China, and Japan are to be released, sparking volatility as traders and the broader crypto market brace...
BOJ Stands Pat on Rates, Signals Caution Over Trade Despite Inflation Progress
The Bank of Japan (BOJ) announced on Wednesday that it would maintain its current interest rates, keeping the short-term policy rate at -0.1% as it weighs US tariff concerns. Policymakers...
Fed’s FOMC Meeting to Decide Economic Direction for 2025
The Federal Reserve’s upcoming FOMC meeting could shape the U.S. economic path for 2025. October saw a slight rebound in consumer prices after three years of minimal growth. While inflation...
Fed Hints at Smaller Rate Cut as Inflation Persists
At the Federal Reserve meeting on October 9, 2024, officials expressed a cautious stance on inflation, suggesting that the central bank may not be confident in its ability to combat...
