Inflation – Page 63

Economist Mohamed El-Erian Says Fed’s Characterization of Inflation as ‘Transitory’ the ‘Worst Call in History’

On Monday, December 13, following Friday’s U.S. consumer price index report published by the Bureau of Labor Statistics, Americans are discussing the Federal Reserve. Thousands of tweets concerning the Federal Reserve topic have been trending on Twitter, as inflation has gripped the U.S. economy. Furthermore, Mohamed El-Erian, the chief economic advisor for the German multinational […]

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3 reasons why Ethereum price can drop below $3K by the end of 2021

The bearish setup appears amid growing divergence between the Ether price and momentum.

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Inflation Plagues American Economy: US Consumer Prices See Fastest Rise in Close to 40 Years

The consumer price index (CPI) data released Friday by the U.S. Bureau of Labor Statistics show prices in the United States climbed 6.8% in November compared to 12 months ago. It’s the largest rise in close to forty years, and U.S. policymakers are backing away fast from saying inflation is transitory. Inflation Accelerates in the […]

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Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years

CPI data is in line with forecasts but still shows a huge spike, while the long-term consequences for Bitcoin are far from universally positive.

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Crypto market eyes recovery ahead of key US inflation data release

The Asia Pacific and European markets slide in caution ahead of key U.S. inflation data.

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Bitcoin hovers near $48K ahead of fresh key US inflation data

Inflation marks just the start of some key macro decisions which could keep Bitcoin down for months, warnings say.

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Volatility, hyperinflation and uncertainty: How everyday Venezuelans are using stablecoins to protect their livelihoods

Customers of stablecoin payment app Reserve express their dependency on technology for everyday transactions.

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Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues

A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency is said to be the main cause of this. […]

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Ethereum approaches a new ATH, but derivatives data reflects mixed emotions

Ethereum price appears en-route to a new all-time high, but data shows retail and pro investors are slightly skeptical about the current rally.

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Bitcoin, stocks and commodities correct after Fed chair mentions policy change

BTC, stocks and commodities took a hit after the Federal Reserve acknowledged that inflation is more than just a “transitory” problem and hinted that tapering could occur sooner than expected.

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