economics

CDCROP: The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)
Bitcoin Jumps Briefly After Fed Minutes Show Officials Favor Slower Rate Hikes
The majority of Federal Reserve officials thought slower rate hikes would be appropriate soon. It is still unclear how high the terminal rate will be.
CDCROP: The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)

CDCROP: Federal Reserve Bank (Shutterstock)
Are Your Bitcoin Trades Losing on Fed Day? Just Wait Till Tomorrow
BTC’s price has reversed direction on five of the six days following the Federal Reserve’s interest rate announcements.
CDCROP: Federal Reserve Bank (Shutterstock)

CDCROP: Rising Food Cost (Getty Images)
Bitcoin Gains 10% After Report Showed US Consumer Prices Rose Slower Than Expected in October
Taking a break from the panicky action this week, bitcoin rose following the sizable slowdown in inflation.
CDCROP: Rising Food Cost (Getty Images)

CDCROP: Inflation (Getty Images)
Inflation Expected to Tick Down in Latest CPI Report
Analysts reporting to FactSet estimate the CPI will drop to 8%, but whether the decline is enough to encourage the Federal Reserve to ratchet back its monetary hawkishness remains unclear.
CDCROP: Inflation (Getty Images)

The U.S. Capitol Building (Nikhilesh De/CoinDesk)
Here’s What Crypto Traders Expect From the Midterms
Republicans are increasingly confident they will take control of the U.S. Congress and it could be bullish for crypto, according to some analysts and traders.
The U.S. Capitol Building (Nikhilesh De/CoinDesk)

CDCROP: AI Art Artwork Charts Graphs Markets Abstract (Midjourney/CoinDesk)
Recent Moving Average Crossover May Signal Higher Bitcoin Prices This Month
A crossover of the 10- and 50-day moving averages has historically been a positive signal. BTC’s lack of volatility, however, may interfere.
CDCROP: AI Art Artwork Charts Graphs Markets Abstract (Midjourney/CoinDesk)

CDCROP: Weekly Unemployment Claims Rise Higher Than Expected (David McNew/Getty Images)
US Added 261K Jobs in October, Topping Expectations for 200K
Bitcoin's price is likely to face continuing headwinds as the strong report should keep the Federal Reserve on a tightening path.
CDCROP: Weekly Unemployment Claims Rise Higher Than Expected (David McNew/Getty Images)

CDCROP: The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)
Federal Reserve Hikes Rates as Expected, Will Watch 'Lags' in Monetary Policy; Bitcoin Rises
The U.S. central bank raised the main interest rate by 0.75 percentage point, as expected. Officials say they'll monitor "lags" in the impact of "cumulative" efforts so far, possibly a tip that a dovish shift is being considered.
CDCROP: The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)

CDCROP: Growth Economy Markets Indices (Pixabay)
Dollar Reversal Could Bring Inflationary Pressure, Former US Treasury Secretary Larry Summers Warns
Speculation is mounting over when the Federal Reserve might pivot dovish. But economists, including Summers, warn any such move might lead to weakness in the U.S. dollar versus other global currencies, in turn driving up prices for imports.
CDCROP: Growth Economy Markets Indices (Pixabay)