Markets Plummet as Inflation Comes In Hot

Sep 14, 2022

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Introduction

00:00 • 4min

Month Over Month Core Inflation

03:50 • 3min

The Best Cryptocurrency Exchange in the US

06:23 • 2min

The Fed's Hawkishness in the Markets

08:14 • 2min

The Biggest Inflationary Impulse Is Energy

10:31 • 4min

The Fed's Inflation Report Is a Surprise

14:40 • 3min

This episode is sponsored by Nexo.io, Chainalysis and FTX US.

July’s inflation report provided the first glimmers that the U.S. might have turned a corner in its fight against inflation. For the past several days, investors have been betting on a continuation of that trend from July into August. Unfortunately, the inflation print for August came in hotter than expected, sending markets reeling and increasing the odds of more drastic Fed rate hikes down the road.

Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company ensures the safety of your funds by employing five key fundamentals including real-time auditing and recently increased $775 million insurance on custodial assets. Learn more at nexo.io.

Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases. For more information, visit www.chainalysis.com.

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I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register at coindesk.com/ideas.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “Razor Red” by Sam Barsh and “The Life We Had” by Moments. Image credit: Malte Mueller/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.