the fed

Former US Treasury Secretary Larry Summers Says He’s ‘Nervous’ About Inflation and Federal Reserve’s Next Move

September 20, 2023 The Daily Hodl

Daily Hodl

Former United States Secretary of the Treasury Larry Summers is expressing apprehension about the inflation outlook in the world’s largest economy. In an appearance at the All-In Summit 2023, Summers says that the Federal Reserve might be wrong in its views regarding the effectiveness of the measures it has taken to address inflation. “I think […]

The post Former US Treasury Secretary Larry Summers Says He’s ‘Nervous’ About Inflation and Federal Reserve’s Next Move appeared first on The Daily Hodl.

Read more

US government transfers 4,000 BTC to Coinbase

VanEck CEO Says Gold and Bitcoin (BTC) in Early Stages of New Multi-Year Bull Cycles

April 5, 2023 The Daily Hodl

Bitcoin

VanEck CEO Jan van Eck says both gold and Bitcoin (BTC) are likely to take off on huge multi-year bull cycles. In a new interview with CNBC, van Eck is forecasting that economic conditions are likely to increase the value of gold and Bitcoin which many investors view as a hedge against depreciating currencies. He […]

The post VanEck CEO Says Gold and Bitcoin (BTC) in Early Stages of New Multi-Year Bull Cycles appeared first on The Daily Hodl.

Read more

US government transfers 4,000 BTC to Coinbase

FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues

October 16, 2022 Bitcoin.com

afp

While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists from Citi argue that the […]

Read more

US government transfers 4,000 BTC to Coinbase

Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September

October 13, 2022 Bitcoin.com

Analysts

The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse […]

Read more

US government transfers 4,000 BTC to Coinbase

Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’

September 23, 2022 Bitcoin.com

1% drop

On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six […]

Read more

US government transfers 4,000 BTC to Coinbase

US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’

September 13, 2022 Bitcoin.com

2%

On September 13, the U.S. Bureau of Labor Statistics reported the country’s consumer price index (CPI) inflation jumped by 8.3% annually in August. The reduction was less than expected and market analysts believe the U.S. Federal Reserve will continue its aggressive rate hikes going forward. US Consumer Prices Increased at an 8% Annual Pace of […]

Read more

US government transfers 4,000 BTC to Coinbase

Crypto Capitalist Arthur Hayes Says Fed Could Trigger Bitcoin (BTC) Rallies Despite Hawkish Stance – Here’s How

September 1, 2022 The Daily Hodl

Arthur Hayes

One crypto exchange’s former CEO is weighing in on the state of the economy after the Federal Reserve recently announced that it doesn’t plan to lower interest rates anytime soon. In a series of tweets, BitMEX co-founder Arthur Hayes hypothesizes how the Fed might be able to reduce assets and liabilities on its balance sheet […]

The post Crypto Capitalist Arthur Hayes Says Fed Could Trigger Bitcoin (BTC) Rallies Despite Hawkish Stance – Here’s How appeared first on The Daily Hodl.

Read more

US government transfers 4,000 BTC to Coinbase

ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation

August 28, 2022 Bitcoin.com

bitcoin.com

According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her interview with Madame Figaro, Lagarde stressed that people need to take into account that “climate disasters” affect price stability a great deal. ECB Board Member […]

Read more

US government transfers 4,000 BTC to Coinbase

July’s CPI Report Shows US Inflation Cooling — Critics Say ‘US Government’s Formula Understates the Actual Rise in Prices’

August 10, 2022 Bitcoin.com

Analyst

After last June’s inflation report published by the U.S. Bureau of Labor Statistics indicated that the Consumer Price Index (CPI) reflected a 9.1% year-over-year increase, July’s CPI data has come in lower with a year-over-year increase of 8.5%. Economists polled by media publications estimated that July’s CPI data would print 8.7%, however, July’s core CPI, […]

Read more

US government transfers 4,000 BTC to Coinbase

Bitcoin, Stocks and Commodities Will Rally When Fed Is Forced To Pivot and Continue Money Printing: Coin Bureau

August 3, 2022 The Daily Hodl

Bitcoin

A popular crypto analyst is making a macroeconomic forecast to see what the future might hold for risk-on assets like Bitcoin (BTC). In a new strategy session, the pseudonymous host of Coin Bureau known as Guy notes that periods of high inflation have historically lasted roughly three years, which could give hints as to when […]

The post Bitcoin, Stocks and Commodities Will Rally When Fed Is Forced To Pivot and Continue Money Printing: Coin Bureau appeared first on The Daily Hodl.

Read more

US government transfers 4,000 BTC to Coinbase