CPI Inflation at 9.1%, Beats Highest Estimates
The latest CPI data released showed U.S. inflation hit 9.1% in June, topping the consensus estimates of 8.9%.
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SOL$69.40-3.23%
TRX$0.329-1.01%
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LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
A new Bankrate poll shows that 7 in 10 Americans are worried about a possible recession before the end of 2022.
The latest CPI data released showed U.S. inflation hit 9.1% in June, topping the consensus estimates of 8.9%.
The Federal Open Market Committee is set to further intensify its hawkish stance in battling inflation following the release of the policy meeting minutes.
In what looks like a coming-of-age story, Bitcoin has been tossed about by more than just crypto-related headlines for a while now, suggesting maturity.
Some economists believe US's inflation rate would not drop below 7% before Q4.
Upcoming interest rate hikes are anticipated to hurt risk-on assets. Where do the cards fall for Bitcoin?
The Feds signals that its inflation target has been met, plans strategies to exit policies made at the start of the global pandemic.
Rises in employment and GDP give the US something to be thankful for — but there are still clouds on the horizon.
Some policymakers argue it would be a big mistake to raise interest rates prematurely as it could potentially slow job growth.
The Federal Reserve has banned policymakers and senior staff from trading and purchasing individual securities.
Guidelines on institutional crypto engagement have been released, but the Federal Reserve is not listening.
Is crypto really a safe haven from fiat inflation, or does the industry need to adapt?
The Fed says inflation will likely stick around, while Congress drafts a bill targeting $30 billion raised via crypto taxes.