Custodia Bank has expressed its disappointment with the dismissal of its request to join the Federal Reserve System. The Fed denied the institution’s application citing that the application did not co...
Tag: Fed
Central Banks And Geopolitics – Will They Become Monetary Battleships?
UNITED STATES – NOVEMBER 01: Paul Volcker, Chairman Federal Reserve Board, speaking at Domestic … [+] Policy Subcommittee meeting. (Photo by Diana Walker/Getty Images) Getty Images William...
An Unstoppable Stock Market Is About to Meet the Immovable Fed
The stock market has acted as if the Federal Reserve doesn’t exist as it jumps out to a quick start to the year. Expect Fed Chairman Jerome Powell to remind it when the central bank hikes interest rat...
Why This May Be A ‘Life Changing’ Market Rally; Apple, Fed Meeting Loom As Tesla Run Hits 75%
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally cleared some major resistance in the past week. The major indexes had solid gain...
Summers Urges Fed to Avoid Pledging Rate Hikes After Next Week
(Bloomberg) — Former Treasury Secretary Lawrence Summers urged the Federal Reserve to refrain from signaling its next move after an expected interest-rate hike next week because of the economy’s...
Key Fed measure eased, spending also declined
Egg shelves are seen with a note apologizing to customers for the price increase after the reduction in productivity brought on by poultry fatalities caused by various illnesses, in San Mateo, Califor...
Fed set to deliver quarter-point rate hike along with ‘one last hawkish sting in the tail’
The Federal Reserve will downshift to a 25 basis point rise in its policy interest rate at their upcoming interest-rate meeting and will work overtime to make sure that the market doesn’t get the idea...
This recession indicator is close to the point of no return. But stocks historically rally if the Fed cuts and the economy still grows.
It’s way too early to proclaim a Goldilocks environment, even if major asset classes are at least pointing to a better chance of it. The S&P 500 SPX, +0.40% has gained 5% this year, and the tech-h...
Homebuilder Sentiment Is Looking Up At Last — Here’s Why The Real Estate Market Is Getting More Optimistic
Getty Images Key takeaways Homebuilder sentiment is on the rise for the first time in over a year as mortgage interest rates noticeably dropped in early 2023. Mortgage interest rates are somewhat tied...
Treasury’s $1 Trillion Coin And The Fed’s Magic Asset
Treasury Secretary Janet Yellen speaks during a House Financial Services Committee hearing, … [+] Thursday, Sept. 30, 2021 on Capitol Hill in Washington. Yellen said Tuesday, Oct. 5, 2021 that O...
Bitcoin faces ‘considerable danger’ from Fed in 2023 — Lyn Alden
Bitcoin (BTC) still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action. That is according to economist Lyn Alden, who, in private comments to Cointelegraph, cautioned...
Fed Chair Powell’s Speech Warns Of Unpopular Decisions To Calm Price Stability
Getty Images Key takeaways Federal Reserve Chair Jerome Powell made comments at a symposium in Sweden on January 10 that, if taken out of context, could be seen as precursors of unpopular Fed policy i...
Bitcoin is Still Subject to Fed Oversight as There is ‘Considerable Danger’ in 2023
Bitcoin climbed beyond $23,000 for the third time in four days before tumbling back as investors kept an optimistic eye on the macroeconomic situation. The recent narrative of declining inflation, gra...
How Far Bitcoin (BTC) Rally In February If Fed Pivots Rate Hike?
Bitcoin (BTC) News: In what could be an encouraging deviation from the macroeconomic environment, the crypto market could perhaps go through a rally in February. At least it is the larger market senti...
ARK Invest CEO sees potential crypto rebound amid whiffs of a Fed pivot
The chief executive from crypto and tech investment firm ARK Invest believes crypto assets will see a huge turnaround this year as inflation falls and the Fed pivots. In a company video blog on Jan. ...
Could BYD Outpace Tesla If They Sold In North America?
LightRocket via Getty Images Key takeaways BYD is China’s largest manufacturer of electric vehicles (EVs). The company is outpacing Tesla in sales, selling 1.62 million cars between January and Novemb...
Here’s The Current State Of The Economy And What It Means For The Stock Market
Getty Images Key takeaways Overall inflation for December dropped to 6.5% from 7.1% in November on an annual basis. While this information isn’t exactly worthy of a celebration, it’s a sign that thing...
CS Stock May Fumble to Changing Fed Rates; New Hints Across the Globe
The US central bank will be holding its first meeting to discuss the Fed-rate this year. Former Credit Suisse bankers launch legal action over a payback clause. The company recently announced 9,000 l...
What To Expect From February’s CPI Inflation Numbers
US President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, DC, US, on … [+] Thursday, Jan. 12, 2023. US inflation continued to slow in December, adding to evidence ...
Opinion: ‘The Fed-fueled fantasy bubble has popped.’ Stock investors are detached from reality — but they’re about to get a big dose.
After the U.S. stock market made all-time highs last year, I spoke with Jeffrey Bierman, a professional stock-trader with more than three decades of experience. Bierman also lectures on TheoTrade.com ...
Bitcoin Could Drop To $15K If Fed Doesn’t Pivot, Ex-Crypto Exchange CEO Warns
Given Bitcoin’s major price movement, financial gurus are now theorizing on the possible influence of Federal Reserve monetary policy modifications on the cryptocurrency market. Bitcoin’s price has in...
Powell Says the Fed Isn’t a ‘Climate Policy Maker.’ What That Really Means.
Text size Federal Reserve Chairman Jerome Powell said the Fed is not “and will not be, a ‘climate policy maker.’” Kevin Dietsch/Getty Images About the authors: David Arkush is director of Public Citiz...
US Dollar Slips After Fed Officials Make Case for Slower Hikes
(Bloomberg) — The US dollar is eyeing a fresh low for the year as soft economic data and dovish comments from Federal Reserve officials suggest the central bank may be on the verge of slowing th...
Asia Stocks Sentiment Buoyed by Tech, Fed Comments: Markets Wrap
(Bloomberg) — Asian stocks were poised to advance and major currencies edged higher versus the dollar early Monday amid positive sentiment for riskier assets after a rebound on Wall Street and e...
American entrepreneur warns Bitcoin to get ‘smoked’ if Fed does not pivot
Arthur Hayes, the founder and former CEO of the BitMex crypto exchange, has warned that Bitcoin (BTC) and the digital assets market could face a possible downturn if the Federal Reserve does not pivo...
What To Expect From The Fed’s February Meeting
Jerome Powell, chairman of the US Federal Reserve will once again announce the Fed Funds rate on … [+] Feburary 1, 2023. A 0.25 percentage-point hike is expected. Photographer: Al Drago/Bloomber...
Employment Remains Strong And Inflation Is Receding In Spite Of Recession Fears
Getty Images Key takeaways: The American economy is doing well when we look at unemployment and inflation numbers. But the stock market isn’t – reminding us that the two are not the same. While there ...
What will the Fed and Jerome Powell do next week?
Jittery U.S. investors are still in “bad news is good news” mode because they want to see interest rates decline. And they expect to get what they want, as shown by the inverse yield curve. Two-year U...