Inflation


Videos

Fed’s Powell: Ultimate Level of Interest Rates Likely Higher Than Previously Expected

Federal Reserve Chairman Jerome Powell is speaking to lawmakers about his semi-annual monetary policy report and explains why "the ultimate level of interest rates is likely to be higher than previously anticipated," as the battle against inflation drags on.

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Markets

Bitcoin Price Slides to $22K as Powell Warns on Inflation

The Federal Reserve chairman said economic figures from January were stronger than expected.

Federal Reserve Chair Jerome Powell speaks at the Brookings Institute in Washington, D.C. on Nov. 30, 2022. (Helene Braun/CoinDesk)

Videos

21.co CEO on Macroeconomic Impact on Bitcoin

21.co co-founder and CEO Hany Rashwan weighs in on bitcoin (BTC)'s performance amid macro pressures. "I don't think we're out of the woods yet," Rashwan said. "Clearly inflation is still rampant."

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Videos

Bitcoin Trading Flat as Silvergate Closes SEN Platform

Bitcoin (BTC) hovered above $22,400 as Silvergate Bank, which warned last week about its ability to remain in business, discontinued its SEN platform that institutions used to move money to crypto exchanges. 21.co co-founder and CEO Hany Rashwan joins "First Mover" to discuss. Plus, insights on the macroeconomic conditions as investors are “not out of the woods" regarding inflation just yet.

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Markets

Crypto Markets Analysis: Crypto Volatility Declines Despite Regulatory, Inflationary Concerns

Since Feb. 24, ATR, a measure of market volatility, for BTC and ETH has fallen 16% and 11%, respectively.

(Getty Images)

Markets

Crypto Markets Analysis: Stablecoins Trend Lower Despite Bitcoin’s Recent Performance

A shift in the supply of stablecoins could foreshadow crypto’s next move.

(Midjourney/CoinDesk)

Markets

Crypto Markets Analysis: Bitcoin Falls for the Week Amid Inflation, Rate Hike Fears

Ether and most other major cryptos also sank as investors mulled the prospect of prolonged monetary hawkishness.

(Midjourney/CoinDesk)

Videos

Bitcoin Slumps Amid Lingering Inflation Concerns

Bitcoin (BTC) briefly dipped below $23,000 as the PCE Price Index for January unexpectedly rose to 5.4%. CoinDesk Managing Editor of Tech and Protocols Brad Keoun weighs in on bitcoin's price action amid looming inflation worries. Plus, his outlook on the Federal Reserve's rate hike cycle and its impact on the largest token by market capitalization.

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Markets

Bitcoin Price Falls Back Toward Week's Low on Inflation Worry

The January PCE Price Index – the Fed's favored inflation indicator – unexpectedly rose to 5.4%.

The government's inflation report for April was released Wednesday morning (Getty Images)