It was a “don’t make me come back there” moment from the Federal Reserve. A line from the minutes of the central bank’s December policy meeting released Wednesday afternoon was taken by analysts and e...
Tag: Fed
Mortgage Demand Plunges As 2022 Ends
Getty Images Key takeaways After months of turbulence and interest rate hikes, mortgage demand declined during the holidays Total mortgage demand (measured by new mortgage applications) plunged 13.2% ...
US Regulators and the Fed Jointly Issue Crypto Warnings – Regulation Bitcoin News
The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have jointly issued warnings about crypto risks to banking organizations....
European Stocks, US Futures Fall Amid Fed Caution: Markets Wrap
(Bloomberg) — European stocks and US equity futures slipped as investors balanced further signs of China’s reopening with cautious commentary from the Federal Reserve’s latest meeting. Most Read...
Fed plans to keep raising interest rates in 2023 but at a slower pace
Officials at Dec. 13-14 FOMC meeting agreed to continue increasing the cost of credit in 2023 but gradually to limit economic growth risks. The FOMC meeting declared: “No participants anticipated that...
Fed Affirms Inflation Resolve, Pushes Back Against Rate-Cut Bets
(Bloomberg) — Federal Reserve officials last month affirmed their resolve to bring down inflation and, in an unusually blunt warning to investors, cautioned against underestimating their will to...
Job Vacancies Remain High as Fed Looks to Keep Up Pressure
There were 10.46 million job vacancies on the last day of November, according to the latest Job Openings and Labor Turnover Survey. The number of job openings was little changed from 10.51 million in ...
Fed Minutes Hint At Optimism On Inflation, But Forecast High Rates For 2023
WASHINGTON, DC – SEPTEMBER 24: The minutes from the Fed’s December meeting acknowledged easing … [+] inflation but committed to moving rates higher. (Photo by Drew Angerer/Getty Imag...
One Official Warns Of ‘Costly Error’ If Central Bank Backs Down Too Soon
Topline The Federal Reserve on Wednesday set the stage for additional interest rate hikes in the coming months and revealed officials still aren’t convinced any rate cuts will be necessary this ...
Fed minutes December 2022:
WASHINGTON – Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released Wednesday from...
The Monkees Were A Big Hit In 1966-67. So Was Inflation
LOS ANGELES – AUGUST 1967: Davy Jones, Mickey Dolenz, Peter Tork and Mike Nesmith on the set of the … [+] television show The Monkees in August 1967 in Los Angeles, California. (Photo by M...
Fed Allows Banks to Crypto – Trustnodes
In a joint statement that aims to highlight crypto risks, the Federal Reserve Banks nonetheless made it clear that commercial banks can provide crypto related services. “Banking organizations are neit...
Asian markets mostly rise ahead of Fed update
BEIJING — Asian stock markets rose Wednesday ahead of the release of minutes from a Federal Reserve meeting that investors hope might show the U.S. central bank is moderating its plans for more intere...
Fed Minutes to Reveal Source of Inflation Angst Pushing Up Rates
(Bloomberg) — The Federal Reserve is set to shed more light on why it’s worried that strong inflation may linger as the US economy moves into the new year. Most Read from Bloomberg At the conclu...
“I’m A Believer” – The Monkees Weren’t The Only Big Hit Of 1966-67
LOS ANGELES – AUGUST 1967: Davy Jones, Mickey Dolenz, Peter Tork and Mike Nesmith on the set of the … [+] television show The Monkees in August 1967 in Los Angeles, California. (Photo by M...
Big Short investor expects Fed stimulus in 2023
Michael Burry, an investor who was featured in the book and movie “The Big Short,” has said that the US will have a recession and more inflation in 2023. He thinks that inflation is curren...
Dollar soars ahead of Fed minutes, jobs data
By Peter Nurse Investing.com – The U.S. dollar climbed strongly Tuesday ahead of the week’s key economic data. At 03:55 ET (08:55 GMT), the Dollar Index, which tracks the greenback against...
When’s The January CPI Report And What To Expect From It
WASHINGTON, DC – JANUARY 29: Federal Reserve Board Chairman Jerome Powell will be watching coming … [+] inflation data closely. (Photo by Samuel Corum/Getty Images) Getty Images The Consum...
When To Expect The Fed To Raise Rates Again In 2023
Jerome Powell, chairman of the US Federal Reserve, is expected to announce another interest rate … [+] hike on February 1. Photographer: Al Drago/Bloomberg © 2022 Bloomberg Finance LP Markets ex...
Gold, Silver, and Oil Predictions; Ellison’s FTX Testimony and the Sam Trabucco Mystery; Massively Eroded Dollar Sees the Fed Turn 109 — Week in Review – The Weekly Bitcoin News
Robert Kiyosaki says the time to buy gold and silver is now, predicting a stock market crash will send prices of the precious metals higher. In other news, the crypto community has been curious about ...
Walking The Tightrope To Avoid Stagflation
Two years ago, I subtitled my yearly forecast of the economy “We Are All Super-Keynesians Now.” Last year it was “All Eyes On Inflation.” This year the focus is on the adjustment costs of reducing inf...
Dow up over 350 points, stocks rebound after jobless claims data deemed ‘welcome news for the Fed’
U.S. stocks advanced on Thursday afternoon, erasing losses from earlier in the week during the second-to-last trading session of the year. The main indexes built on premarket gains after U.S. weekly j...
Project Hamilton has concluded, weeks after legislators’ enquiry, according to Boston Fed
Project Hamilton, the research project of the United States Federal Reserve Bank of Boston and Massachusetts Institute of Technology (MIT), announced its conclusion in the runup to Christmas. The two-...
As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created – Featured Bitcoin News
109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, more than 96% of the greenback’s p...
Boston Fed partners with MIT to launch an open-source CBDC project
Federal Reserve Bank of Boston joins a list of banks experimenting with CBDCs, launching its Project Hamilton together with the Massachusetts Institute of Technology. MIT and the Federal Reserve Bank ...
Recent Fed Rate Hikes Might Go Down in History as Most Damaging Ever – Coinotizia
Tesla CEO and Twitter chief Elon Musk says the Federal Reserve’s recent rate hikes “might go down in history as most damaging ever.” The billionaire has urged the Fed to cut interest rates immediately...
Recent Fed Rate Hikes Might Go Down in History as Most Damaging Ever – Economics Bitcoin News
Tesla CEO and Twitter chief Elon Musk says the Federal Reserve’s recent rate hikes “might go down in history as most damaging ever.” The billionaire has urged the Fed to cut interest rates immediately...
Mining Industry Boosts Third Quarter Economic Growth In Several States
Two workers with helmet and protective suit using drill-machines in an underground enviroment getty Many economists are predicting a recession in 2023 due to the Fed’s rate hikes to slow inflation, le...
Jim Cramer’s Investing Club meeting Friday: Fed strategy, Club mantra
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. The Fed isn’t ready t...