US Inflation Accelerates, State Street Launches Crypto Division + More News

US Inflation Accelerates, State Street Launches Crypto Division + More News

The US economy’s rebound from the pandemic is driving the biggest surge in inflation in nearly 13 years, with consumer prices rising in May by 5% from a year ago, the Wall Street Journal reported.

Powell’s Reappointment Would Make Sense: State Street

Marvin Loh, global macro strategist at State Street, discusses the inflation pressures in the U.S., the implications for Federal Reserve policy and financial markets. He also talks about the central bank’s leadership. He speaks with Paul Allen and Shery Ahn on “Bloomberg Daybreak: Asia.”
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State Street Digital’s Chakar on the new division to take on crypto

Nadine Chakar, State Street Digital executive vice president, joins ‘Squawk on the Street’ to discuss State Street’s launch of a new digital division and the future of crypto. Subscribe to CNBC PRO for access to investor and analyst insights on crypto and more:

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UK Inflation Data Causing PANIC | Bitcoin Holds

Today let’s talk Bitcoin, Crypto, and about the US market. UK’s inflation is rising causing Europe to sell off. Does this mean there is concern in the US?

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��Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

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