economy

CoinDesk - Unknown
Fed Hikes Rates to Highest Since 2007; Bitcoin Slides Toward $19K
This is the third consecutive time that members of the Federal Open Market Committee raised rates by 75 basis points, signaling how serious inflationary pressures have gotten in the U.S. The bitcoin market doesn't like it.
CoinDesk - Unknown

CoinDesk - Unknown
Markets Plummet as Inflation Comes In Hot
Core inflation went up more than twice as much as economists anticipated.
CoinDesk - Unknown

CoinDesk - Unknown
Path Forward for Crypto Gets Tougher After US CPI Report Comes in Hot
It's becoming a game of Whac-A-Mole for the Federal Reserve to keep consumer prices from shooting up. That might mean an aggressive-for-longer stance on monetary policy, ostensibly a negative driver of prices for risky assets from stocks to cryptocurrencies.
CoinDesk - Unknown

CoinDesk - Unknown
US Job Growth Slowed in August; Bitcoin Gains
The report is one of the last major economic data points the Federal Reserve will see before its September monetary policy meeting.
CoinDesk - Unknown

CoinDesk - Unknown
Bitcoin, Ether Consolidate as Traders Eye US Jobs Report to Gauge Next Fed Rate Hike
Instead of weighing the broader path for interest rates or the terminal rate, markets are trading the odds on the Fed's Sept. 21 decision: 50 bps or 75 bps, one trading firm said.
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CoinDesk - Unknown
Bitcoin Tumbles Below $21K After Powell’s Hawkish Remarks
The Federal Reserve chair said households and businesses should prepare for pain as the central bank works to bring down inflation.
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CoinDesk - Unknown
Federal Reserve’s Powell: Inflation Battle Not Yet Close to Finished
The U.S. central bank chair, in a speech Friday morning, doubled down on his intent to aggressively hike interest rates to bring inflation down.
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CoinDesk - Unknown
Markets Should Prepare for Persistent Inflation and Continued Rate Hikes
U.S. Federal Reserve speakers were out in force one day ahead of Chairman Powell’s keynote address at the Jackson Hole conference.
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CoinDesk - Unknown
Welcome to the ‘We Just Don’t Know’ Economy
Up? Down? Sideways? All of the above? A look at a confusing economic landscape.
CoinDesk - Unknown

CoinDesk - Unknown
Bitcoin Retraces 3 Weeks of Gains as Analysts Blame Macroeconomic Turmoil
Bitcoin is holding at around $21,340 after slumping for the sixth consecutive day.
CoinDesk - Unknown