Economy

(Malte Mueller/Getty Images, modified by CoinDesk)
Markets Plummet as Inflation Comes In Hot
Core inflation went up more than twice as much as economists anticipated.
(Malte Mueller/Getty Images, modified by CoinDesk)

Prices for cereals and bakery products shot up 1.2% in August from July. (Creative Commons, modified by CoinDesk)
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, osten...
Prices for cereals and bakery products shot up 1.2% in August from July. (Creative Commons, modified by CoinDesk)

(Clem Onojeghuo/Unsplash)
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.
(Clem Onojeghuo/Unsplash)

The U.S. payrolls report may help determine the scale of the impending Fed rate hike and move markets. (Alex Kotliarskyi/Unsplash)
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 s...
The U.S. payrolls report may help determine the scale of the impending Fed rate hike and move markets. (Alex Kotliarskyi/Unsplash)

Bitcoin slides below $21K following Powell's remarks. (TradingView)
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.
Bitcoin slides below $21K following Powell's remarks. (TradingView)

Fed Chair Jerome Powell at this year's economic symposium. (C-Span)
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.
Fed Chair Jerome Powell at this year's economic symposium. (C-Span)

(Matt Henry Gunther/Getty Images)
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.
(Matt Henry Gunther/Getty Images)

(Nuthawut Somsuk/Getty Images, modified by CoinDesk)
Welcome to the ‘We Just Don’t Know’ Economy
Up? Down? Sideways? All of the above? A look at a confusing economic landscape.
(Nuthawut Somsuk/Getty Images, modified by CoinDesk)

(mana5280/Unsplash)
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.
(mana5280/Unsplash)

(Ben Pattinson/Unsplash)
It Doesn't Matter If They're Wrong, Central Bankers Set Guidance for Crypto, Too
Central bankers seem to have no clue where inflation is headed in the longer term, but markets are taking every clue they get from the Federal Reserve.
(Ben Pattinson/Unsplash)