Economics

Two Federal Reserve governors see the need for continued rate hikes. (PM Images/Getty Images)
Aggressive Rate Hikes Still Necessary, Say Fed’s Evans and Kashkari
A slowdown in inflation reported Wednesday morning raised hopes the U.S. central bank might tap the brakes on its monetary tightening cycle.
Two Federal Reserve governors see the need for continued rate hikes. (PM Images/Getty Images)

(z_wei/Getty Images, modified by CoinDesk)
Have We Passed Peak Inflation?
Today’s CPI numbers came in at a better-than-expected 8.5% annual inflation and 0% monthly.
(z_wei/Getty Images, modified by CoinDesk)

(YinYang/Getty Images)
US Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps
Crypto markets responded favorably after the slower-than-expected reading, which takes pressure off the Federal Reserve to hike rates aggressively at the September meeting.
(YinYang/Getty Images)

(Source: New York Fed Survey of Consumer Expectations)
Americans See Inflation Plunging Next Year, New York Fed Survey Finds
Respondents to the widely considered survey expect inflation to run at 6.2% in 2023, which is down 0.6% from last month’s survey.
(Source: New York Fed Survey of Consumer Expectations)

(ZargonDesign/Getty Images)
What Is the Definition of ‘Recession?’ And Does Bitcoin Care?
The "two quarters" standard is simple, but the definition by the National Bureau of Economic Research gives policymakers much-needed wiggle room. For bitcoin, the semantics do...
(ZargonDesign/Getty Images)

(Paul Brady/Shutterstock)
Rate Hike at Fed's July Meeting Provides a Credibility Test, With Cuts Already on Horizon
The U.S. central bank is expected to raise interest rates by 75 basis points, which many economists say is too dovish. But traders are thinking about possible rate cuts as soo...
(Paul Brady/Shutterstock)

(Nathan Dumlao/Unsplash, modified by CoinDesk)
Who Is Building Ethereum's Public Goods?
The aim of Web3 isn’t exploitation, but "regeneration" of nonstate and noncorporate infrastructure.
(Nathan Dumlao/Unsplash, modified by CoinDesk)

Despite the GDP declines, the labor market is booming. (Bettmann Archive/Getty Images)
Jobs Growth Is the Savior of Inflation-Wracked US Economy
Economists say robust employment complicates the recession outlook.
Despite the GDP declines, the labor market is booming. (Bettmann Archive/Getty Images)

There are almost two jobs available for every person seeking employment. (Helene Braun/CoinDesk)
US Job Growth Remains Historically Strong, Exceeding Economists' Expectations
The employment report will be a key data point for the Federal Reserve's next rate hike decision later this month.
There are almost two jobs available for every person seeking employment. (Helene Braun/CoinDesk)

The Fed has changed the way it communicates since the days when newspapers were popular. (Marjory Collins/Wikimedia)

https://commons.wikimedia.org/wiki/File:The_New_York_Times_newsroom_1942.jpg
Do Rate Hikes Matter? Bitcoin Traders Learn How Fed Moves Markets in Twitter Era
The Federal Reserve has become a big believer in forward guidance over the years, starting with Ben Bernanke. But the central bank under Jerome Powell has taken transparency t...
The Fed has changed the way it communicates since the days when newspapers were popular. (Marjory Collins/Wikimedia)

https://commons.wikimedia.org/wiki/File:The_New_York_Times_newsroom_1942.jpg