US futures pointed to a positive start to the trading day ahead, but it is likely to be one of those calm before the storm trading days ahead of the December Consumer Price Index (CPI) tomorrow, a ras...
Tag: Fed
The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’ – Regulation Bitcoin News
Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could...
If There Is A Recession In 2023, Some Cities Could Take A Decade To Recover
NEW YORK, NEW YORK – SEPTEMBER 08: A person wearing a protective face mask walks by a going out of … [+] business sign displayed outside a retail store in midtown as the city continues Pha...
Fed: Jerome Powell remains hawkish on inflation
At the Riksbank International Symposium, Fed Chairman Jerome Powell hints without mincing words that even for 2023 there will be rate hikes probably up to 5% and that the Fed’s action will not stop re...
Fed Chair Powell Silent As Bond Markets See Recession, Rate Cuts
Often, it’s what isn’t said that deserves the most attention. Federal Reserve Chairman Jerome Powell’s decision to sidestep the issue of inflation and rate hikes during a central b...
Bitcoin price holds $17K into Fed Powell speech as GBTC jumps to multi-month highs
Bitcoin (BTC) stayed above $17,000 on Jan. 10 as risk assets awaited fresh cues on policy from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell to ...
Jamie Dimon says Fed ‘may very well’ raise interest rates to 6%
Jamie Dimon expects the Federal Reserve will raise interest rates higher than most officials and Wall Street strategists have forecast as the U.S. central bank continues its fight against persistent i...
Fed Chair Jeremy Powell all Set to Deliver his Speech-Will Crypto Market Drop Again?
The post Fed Chair Jeremy Powell all Set to Deliver his Speech-Will Crypto Market Drop Again? appeared first on Coinpedia Fintech News U.S FED’s Chair, Jerome Powell is going to speak at the Sveriges ...
Powell reiterates Fed is not going to become a ‘climate policymaker’
Chair of the Board of Governors of the Federal Reserve System Jerome H. Powell participates in a panel during a Central Bank Symposium at the Grand Hotel in Stockholm, Sweden, January 10, 2023. Claudi...
Fed Chairman Speech Draws Muted Crypto Response
Federal Reserve Chairman Jerome Powell stressed the need for the central bank’s independence from political influence in a recent speech. Powell made these remarks during a panel discussion on the sub...
Jamie Dimon Says Fed May Need to Hike Interest Rates Beyond 5%
(Bloomberg) — Jamie Dimon said the Federal Reserve’s rate hikes might need to go beyond what’s currently expected, but he’s in favor of a pause to see the full impact of last year’s increases. M...
Powell stresses need for Fed political independence on tackling inflation
Federal Reserve Chairman Jerome Powell on Tuesday emphasized the need for the central bank to be free of political influence while it tackles persistently high inflation. In a speech delivered to Swed...
Bitcoin mining stocks surge with broader market as traders see less aggressive Fed
Shares of publicly traded Bitcoin (BTC) miners surged on Jan. 9 as traders piled into equity markets amid growing bets that the United States Federal Reserve would soon be able to relax its aggressive...
Short-term inflation expectations drop to lowest level since ’21: NY Fed
Consumer expectations for inflation over the next year dropped to the lowest level since July 2021, according to a survey from the New York Federal Reserve released Monday. Expectations for inflation ...
Bitcoin Price Breaks $17K as Equities Jump on US Fed Speculation
Bitcoin’s daily trading session closed above $17,000 for the first time in almost a month on Sunday, following a favorable showing in US equities to close out last week. The crypto, which is currently...
Asian Stocks Fall as Hawkish Fed Halts S&P’s Rally: Markets Wrap
(Bloomberg) — Asian stocks fell on Tuesday after a rally in US shares evaporated as Federal Reserve officials signaled the central bank will likely need to raise interest rates above 5% before p...
Daly Sees Fed Raising Rates Above 5%, But How Far Is Unclear
(Bloomberg) — Two Federal Reserve officials said Monday that the central bank will likely need to raise interest rates above 5% before pausing and holding for some time. Most Read from Bloomberg...
Consumers see inflation, and spending, cooling, New York Fed survey shows
People shop for goods at a Publix in Nashville, Tennessee, on December 22, 2022, ahead of winter storm Elliot. Seth Herald | AFP | Getty Images Consumers see the inflation burden easing while they ex...
Two More Rate Hikes Left From Fed, According To Markets
Markets believe the Fed may soon stop raising rates, with the most likely path two more hikes in … [+] 2023 (AP Photo/Kiichiro Sato, FILE) Copyright 2019 The Associated Press. All rights reserve...
Crypto is Too Dependent on ‘Greater Fool Theory’: Former Fed Chair
Five-term chairman of the Board of Governors of the Fed Reserve System shared views on Crypto, NFT and US economy. FTX contagion would not spread to other sectors. Recession could be the most likely...
Wall Street Still Counting on Big Tech Rip Once Fed Eases Hikes
(Bloomberg) — Wall Street tech bulls are counting on the industry’s megacap stocks to move higher before long and jump start a rebound in the S&P 500. Most Read from Bloomberg The hope is th...
Here’s How Crypto Is Already Addressing FDIC Fed Joint Statement on Risk Assets
The Federal Reserve and FDIC (Federal Deposit Insurance Corporation) released a joint statement on Tuesday, Jan 3. The paper describes the risks of holding digital assets. But here are some of the way...
US CPI Will Help Determine Size of Next Fed Rate Hike: Eco Week
(Bloomberg) — US inflation data in the coming week are expected to stay consistent with a gradual step-down in cost pressures, and will help determine the size of the Federal Reserve’s next inte...
Dow Posts Best Day Since November After Jobs Report Sparks Hope Of Fed Pivot
Topline Stocks surged Friday on news of a cooling labor market, a necessary condition for the Federal Reserve to stand down from its most aggressive monetary policy in decades which has sent stocks sp...
Bitcoin Buckles, Bounces as Fed Signals More Aggressive Rate Hikes to Come
The price of Bitcoin dipped following the release of the Federal Reserve’s December meeting minutes, which showed the central bank’s plans to continue raising interest rates. The biggest cryptocurrenc...
Fed: FTX Collapse Didn’t Pose Broader Market Risk to Financial System
FTX’s collapse did not pose a risk to financial markets outside of crypto, the Federal Reserve said at its most recent policy setting meeting in December. In minutes from its 2022 Federal Open M...
The Joint Crypto Warnings Issued by The US Regulators and FED
The Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the age...
Experts Believe We’re Heading For A 1969 Recession
(Photo By Nasa/Getty Images) Getty Images Key Takeaways An analyst from JP Morgan has highlighted just how similar the stock market and bond market is behaving compared to the 1969 recession. Not only...
Raphael Bostic says Fed needs to ‘stay the course’ despite lower wage gains
Atlanta Federal Reserve President Raphael Bostic said Friday that December’s jobs report, with its slowdown in wage increases and better than expected employment growth, doesn’t change his...
Dow ends down nearly 350 points after jobs data, hawkish Fed comments hammer stocks
U.S. stock indexes ended another choppy session in the red on Thursday as investors digested a fresh batch of labor-market data and hawkish commentary from Federal Reserve officials, while looking ahe...