When markets turn red and inflation starts soaring, both regulators and consumers turn to CPI as a gauge for the damage done by soaring prices but in the chaos that ensues as markets enter into a recession, one metric always seems to be overlooked — the M2 money supply. The M2 is a measure of…
Analysts: Inflation will go down, act accordingly
If nothing extraordinary happens, the Federal Reserve will raise interest rates and implement “quantitative tightening”, that is to withdraw liquidity from the market, in its fight against the high inflation rate. The question is if Fed’s measures will be enough to push back inflation to normal levels? According to a blogpost from analysts Bitmex Research,…
“Transitory” U.S. inflation hits 7.5% in January, 40 year high
The U.S. inflation rate year-over-year, or the Consumer Price Index for All Urban Consumers (CPI-U) to be precise, increased 0.6% in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.5% before seasonal adjustment. U.S. inflation over the past 5…
CPI Token Storms out of the Gates with over 2,300% Price Increase in Under 1 Month, and Several New Exchange Listings This Week
Bitcoin Press Release: Crypto Price Index’s CPI tokens have now appreciated to over 20x their initial list price, having been trading on HotBit for one month, with additional listings on BitForex, Bilaxy, and DigiFinex just announced. 17th August 2020, St Julian’s, Malta – DeFi is a hot topic in the crypto space right now, and…
Catch Emirati-supported Crypto Price Index’s Hotbit Exchange Listing on 15th July 2020
Bitcoin Press Release: Crypto Price Index have announced details of their CPI token sale, which launches on HotBit exchange on 15th July 2020. 14th July 2020, ST. JULIAN’S, MALTA – 2020 has brought with it a host of challenges and opportunities, not least within the crypto markets, where we have seen a rollercoaster of peaks…