AFP via Getty Images Key takeaways: IMF Managing Director Kristalina Georgieva is predicting that one-third of the world’s economies will slip into recession in 2023, with the biggest impacts being fe...
Tag: Fed
Fed officials lay the groundwork for slowing rate hikes during busy week of Fedspeak
As always, the last week before the Federal Reserve’s quiet period ahead of the next policy meeting was a busy one for Fedwatchers looking for clues about the central bank’s next move. And...
Sam Bankman-Fried’s $700M Worth Assets Seized by U.S Fed
2 hours ago | 2 mins read Editors News The crypto exchange bought assets under FTX Digital Markets name in US currency. FTX held stock in three accounts at rival cryptocurrency exchange Binance. U.S F...
FED Make Major Move: $700 Million Seized from Sam Bankman Fried
The United States Federal authorities have seized $697 million from Sam Bankman Fried, Founder of cryptocurrency exchange FTX. The majority of the assets were being in the form of shares of the popula...
Bitcoin to Enter “Secular Bull Market” If the Fed Pivots, Says Hayes
Bitcoin, the digital currency known for its volatility and decentralized nature, is once again making headlines. Given BTC’s recent price action, financial experts, like former CEO of BitMEX Arthur Ha...
Swissquote on Neftlix and Fed rates
The analysis by Swissquote Netflix added nearly 7.7 million new subscribers last quarter, compared to only about 4.5 million expected by the market. Harry and Meghan, amid other popular shows in the f...
Fed Governor Waller backs quarter-point interest rate hike at next meeting
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, listens during a Senate Banking Committee confirmation hearing in Washington, D.C., on Thursday, Fe...
Goldman Sachs slips on report the Fed is probing its Marcus business
David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 23rd, 2023. Adam Galica | CNBC Goldman Sachs shares came under pressure Friday afte...
Fed Set to Slow Rate Hikes Again and Debate How Much Further to Go
(Bloomberg) — Federal Reserve officials, heartened by an inflation slowdown, are poised to slow the pace of their interest-rate hikes for a second straight meeting and debate how much more they ...
Fed Governor Lael Brainard sees high rates ahead even with progress on inflation
Lael Brainard, vice chair of the US Federal Reserve, during a University of Chicago Booth School of Business event in Chicago, Illinois, US, on Thursday, Jan. 19, 2023. Jim Vondruska | Bloomberg | Ge...
Peter Thiel’s fund sold bitcoin holdings as downturn intensified, Fed hiked rates: FT
Peter Thiel’s Founder Fund sold its bitcoin holdings last year as the market decline intensified. The fund, which invests in “revolutionary technologies that reshape the way we inte...
Dow Jones Reverses Lower On Fed, Recession Fears; Tesla, Megacaps Hit Resistance
Dow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures. X The stock market rally reversed lower Wednesday, with the S&P 500 and Dow Jones undercutting or te...
Dow drops over 600 points, posts worst day of year after weak economic data, hawkish Fed remarks erase inflation cheer
U.S. stock indexes finished sharply lower on Wednesday, with both the Dow Jones Industrial Average and the S&P 500 index booking their worst day in over a month, after data on falling retail sales...
Faith in Fed Contributing to Crypto Thaw
Several recent indicators portend a potential thaw in the crypto winter of the past year as the Fed tames inflation. The first sign has been a rise in the price of Bitcoin, the overall bellwether of t...
U.S. Consumer Product Safety Commission Considers A Ban On New Gas Stoves
Getty Images U.S. Consumer Product Safety Commission Considers a Ban on New Gas Stoves – How to Get Cash to Switch to Electric Meta: Concerns about health hazards associated with gas stoves caus...
China Driving Dollar More Than Fed Hikes, BofA Strategists Say
(Bloomberg) — While much of the focus in currency markets right now is how the prospect of slowing Federal Reserve rate hikes has helped fuel dollar weakness, the biggest factor may be across th...
Fed directs big banks to disclose how they are preparing for climate change risks
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. ...
Morgan Stanley CEO Gorman says deal activity will return once the Fed pauses
Morgan Stanley Chairman and Chief Executive James Gorman speaks during the Institute of International Finance Annual Meeting in Washington, October 10, 2014. Joshua Roberts | Reuters Morgan Stanley CE...
What The Market Expects From Upcoming Fed Meetings
WASHINGTON, DC – The Fed has maintained a hawkish position on rates, but the market is not … [+] convinced. Early 2023 could see the Fed make small hikes before holding rates steady. (Phot...
Bond Investors Are at a Crossroads With Fed Pause In Sight
(Bloomberg) — The emerging consensus that the Federal Reserve will raise rates only one or two more times has ushered in a new set of dilemmas for bond investors, who now must decide which parts...
Is Inflation Slowing Down? What The Latest Data Shows And What It Means For Your Portfolio
| Getty Images Key Takeaways Inflation has been on a downward trend since July 2022, but that doesn’t mean we are out of the woods. While the Fed aims to bring inflation down to 2% or less, the latest...
Summers Says Recession Still Looms, Fed Getting Closer to Done
(Bloomberg) — Former Treasury Secretary Lawrence Summers said that the US economy is still facing a recession this year, despite encouraging news in recent weeks. Most Read from Bloomberg “One h...
JP Morgan Analyst Calls on Fed to Stop Hiking Interest Rates
David Kelly – Asset Management Chief Global Strategist for JP Morgan Chase – said it’s time for the Federal Reserve to quit hiking interest rates if it wants to keep the U.S. economy intact. Having “...
For the Fed, ‘3% is the new 2%’ when it comes to inflation
A version of this article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, January 13, 2023 Today’...
Fed officials see ‘eye-popping’ inflation data in rearview after December slowdown
Inflation pressures eased again in December, giving some Federal Reserve officials more confidence that a continued slowdown in its interest rate increases is warranted. In the final month of 2022, in...
Fed Economist’s Study Shows Harm Of Government-Spread Misinformation On Small Loans
The “Twitter Files” have made some shocking revelations about government entities muscling social media companies to de-platform people in the name of preventing so-called misinformation. My colleague...
When The Gold Dust Settled
UNITED STATES – APRIL 23: Gold dust on the scales, Klondike, Alaskan gold rush, Alaska, United … [+] States of America. (Photo by DeAgostini/Getty Images) De Agostini via Getty Images With...
Inflation Records Biggest Drop In Almost 3 Years
(Photo credit should read JOHN THYS/AFP via Getty Images) AFP via Getty Images Key Takeaways Inflation fell in December, with the overall Consumer Price Index (CPI) falling 0.1% for the month. It’s th...
Time for the Fed to declare victory on inflation? Not yet
A man pumps gas at a gas station in the Brooklyn borough of New York, the United States, Dec. 13, 2022. Michael Nagle | Xinhua News Agency | Getty Images December’s monthly decline in the consum...
A Change In Philosophy At The Fed Is Long Overdue – Part Two
Federal Reserve Chair Janet Yellen, center, Stanley Fischer, left, vice chairman of the Board of … [+] Governors of the Federal Reserve System, and Bill Dudley, the president of the Federal Rese...
The Fed Says It Won’t Cut Rates in 2023. Markets Disagree. Who’s Right?
Text size The Marriner S. Eccles Federal Reserve Board Building in Washington, DC. Kevin Dietsch/Getty Images About the author: Christopher Smart is chief global strategist and head of the Barings Inv...