US GDP Increased 2.8%, PCE Inflation Falls to 1.5%
The Gross Domestic Production (GDP) increased by 2.8% in the third quarter over last year according to the Bureau of Labour…
Browsing Tag
Inflation
Gold Set to Hit $3,000 Amid Rising Debt and Inflation, Says Bank of America
Bank of America strategists have pointed to a growing interest in gold as a safe-haven asset…
Inflation Falls to 2.5%
Inflation stood at just 2.5% for August according to the Bureau of Labor Statistics, slightly lower than analyst's estimates of…
Bitcoin Spiked and Dips on Inflation Data
Bitcoin quickly jumped to $59,500 on the release of the June Consumer Price Index (CPI) inflation, but then gradually fell back…
Bitcoin Jumps on Better Than Expected Inflation Data
Bitcoin rose by $1,000 in one minute as the latest CPI data was published by the Bureau of Labour Statistics. .
Fed’s Core Inflation Measure Still on Track
Fed's preferred inflation measure, the core Personal Consumption Expenditures (PCE) Price Index, came within expectations. .…
Fed’s Inflation Gauge Heats Up, Rate Cuts on Hold as Bitcoin and Stocks Slide
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE)…
Bitcoin Falls on Inflation Data
Bitcoin dipped by about $1k to $68,000 following the release of the Consumer Price Index (CPI) for March. .
Coinbase CEO Calls Bitcoin ‘the Antidote to Inflation’
On March 19, Brian Armstrong, the CEO of Coinbase, appeared on Bloomberg TV to discuss…
Inflation Comes in Steady at 3.1%
The Consumer Price Index (CPI) rose 3.1% in January according to the Bureau of Labour Statistics, down from 3.4% in December.…