Bitcoin’s price hovered around $118,911 for the 12th consecutive session, constrained within a tight range. Data on platforms like Gemini indicated support levels ranging from $119,000 to $119,100, […]
Goldman Sachs CIO Weighs In on July CPI Data and Fed’s Potential Rate Cut
Alexandra Wilson-Elizondo, Co-Chief Investment Officer of Multi-Asset Solutions at Goldman Sachs, commented on the July Consumer Price Index (CPI) data, noting that it aligned with market expectations. Core […]
US Inflation Rises, But Falls Short of Expectations
The US consumer price index (CPI) rose in July, but the pace came in below forecasts. The CPI increased 0.2% for the month, with a year-over-year increase of […]
CPI Data Impacts September Rate Cut Outlook
The release of today’s Consumer Price Index (CPI) data has prompted Wall Street Journal reporter Nick Timiraos, often referred to as the ‘Fed’s mouthpiece,’ to suggest a shift […]
CPI Holds Steady at 2.7%, But Core Inflation Remains Persistent
While the headline Consumer Price Index (CPI) remained steady at 2.7% year-over-year in July, reflecting a generally calm economic environment, core inflation continued to show its resilience. Core […]
Trader Bets Rise for September Fed Rate Cut After CPI Data
Following the release of the U.S. Consumer Price Index (CPI), traders are increasingly betting on a Federal Reserve rate cut in September. Speculation about future rate reductions in […]
Wall Street Resilient: Gold Rises as CPI Data Looms
Wall Street traders remained focused on upcoming inflation data, ignoring Donald Trump’s latest trade decision, as they awaited the July consumer price index (CPI) release. Futures for the […]
July 2025 CPI Data: Market Impact & Analysis
The U.S. Bureau of Labor Statistics (BLS) released the July 2025 Consumer Price Index (CPI) today at 8:30 a.m. ET, bringing significant implications for financial markets and economic […]
US Dollar Dips Amidst Inflation Fears: Key CPI Data to Watch
The global financial market is in anticipation as the release of crucial inflation data, specifically the Consumer Price Index (CPI), looms large. This anticipated economic indicator could significantly […]
Rising Inflation Slows Fed Rate Cut Hopes
The latest Consumer Price Index (CPI) report reveals an increase, impacting the Federal Reserve’s strategy for interest rate policy and possibly delaying anticipated cuts. Market analysts believe this […]
Core CPI Misses Expectations, Auto & Apparel Price Drop Drives Decrease
A recent report by BlockBeats reveals that the core Consumer Price Index (CPI) for May fell short of forecasts, with lower than anticipated inflation. This decline can be […]
U.S. Core CPI Growth Signals Slowdown in Inflation
A recent dip in U.S. core Consumer Price Index (CPI) growth, with a 0.1% increase compared to the previous month, suggests inflation is leveling off. This unexpected development […]
How the Latest US Inflation Report Could Impact Bitcoin Prices
The latest Consumer Price Index (CPI) report revealed a relatively stable inflation picture in the U.S., with year-over-year inflation increasing to 2.4%. This data suggests that the Federal […]
US CPI & PPI Releases Spark Crypto Market Predictions
The U.S. Bureau of Labor Statistics (BLS) is set to release May’s Consumer Price Index (CPI) and Producer Price Index (PPI) figures on June 11th and 12th, respectively. […]
Crypto Markets Brace for CPI Impact, Fed Rate Cut Uncertainty Remains
The cryptocurrency market is bracing for the upcoming US Consumer Price Index (CPI) release scheduled for June 11, 2025. Investors are closely watching as the data could influence […]