Crypto News Today Live Updates December and Latest News: (15 December 2022) The global crypto market printed red indexes on Thursday morning. The cumulative market cap is down by over 1.07% over the p...
Tag: Fed
Dow Jones Futures: Fed Rate Hike Outlook Hits Market Rally; Elon Musk Sells More Tesla Stock
Dow Jones futures were little changed in extended trading, along with S&P 500 futures and Nasdaq futures. The stock market rally reversed lower Wednesday after the Federal Reserve penciled in 5.1%...
Stocks are closing out a dismal 2022 as the Fed fights inflation. Here’s what history says comes next.
Stock-market investors have plenty of reasons to feel gloomy heading into 2023: Inflation is still high, the housing market is sputtering and the Federal Reserve just raised interest rates by another ...
Crypto Market Crashes After Fed Slows Down Rate Hike
The U.S. Federal Reserve has recently announced an interest rate hike of 50 basis-points. This comes after a string of interest rate hikes of 75 basis-points were officially published throughout the y...
Fed Hikes Rate 50 BPS As Per Expectation, Stocks, Crypto Down
Fed Rate Hike Decision News: The Federal Open Market Committee (FOMC) announced a 0.50% interest rate rise, as per the market expectation. The Fed said the repeat rate hikes at ongoing rate increases ...
Stocks sink after Fed hikes, Powell gives hawkish outlook
U.S. stocks fell in volatile trading Wednesday after the Federal Reserve delivered its seventh and final interest rate increase of 2022 and Chair Jerome Powell asserted in hawkish remarks that further...
Bitcoin Price Retreats After Fed Decision But 100 SMA Is The Key
Bitcoin price climbed higher towards $18,400 before there was a bearish reaction. BTC is now trading near a major support at $17,550 and might bounce back. Bitcoin broke the $18,000 resistance zone be...
Powell Says Fed Still Has a ‘Ways to Go’ After Half-Point Hike
(Bloomberg) — Chair Jerome Powell said the Federal Reserve is not close to ending its anti-inflation campaign of interest-rate increases as officials signaled borrowing costs will head higher th...
Bitcoin Pares Gains as Fed Announces Another Big Rate Hike
Alex Dovbnya The Fed has indicated that it remains to determined to hiking interest rates next year, pushing crypto and stocks down The U.S. Federal Reserve has hiked the benchmark interest rate by 50...
This Could Be Bitcoin (BTC) Price If Fed Hikes Rate By 50 BPS
New Bitcoin (BTC) Price: In view of the last Federal Open Market Committee (FOMC) meeting on the rate hike, Bitcoin (BTC) price is one of the most anticipated metrics currently. For the first time in ...
Bitcoin sinks 3.2% as Fed raises interest rates by 50 basis points
The Fed raised interest rates by 50 basis points (bps) following the Dec. 14 Federal Open Market Committee (FOMC) meeting. This brings the Federal Funds Rate to 4.25-4.5%. Bitcoin reacted with an imme...
Investors bolting from after Fed speech are too hasty, Jim Cramer says
CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech on Wednesday are acting too rashly. “I have no doubt ...
Bitcoin Grapples With $18,000 as Fed Hikes Rate by 50bps
Bitcoin and other major cryptocurrencies experienced wild price fluctuations as the Fed announced a 50bps (0.5%) rate hike on Wednesday. The announcement by Fed Chair Jerome Powell saw the crypto mark...
Bitcoin Volatility Explodes Around $18K Level, As Fed Reveals 50 Basis Point Rate Increase
Bitcoin price touched a high of nearly $18,400 in anticipation of today’s Federal Reserve meeting, where the US central bank was expected to raise interest rates by 50 basis points. Volatility picked ...
Fed Hikes Rates By 0.50 Percentage Points As Inflation Falls
(Photo by Robert Alexander/Getty Images) Getty Images Key Takeaways Inflation was up just 0.1% in the month of November, bringing the headline annual rate to 7.1%, down from 7.7% last month. Today the...
Fed Now Sees Rates Topping 5% In 2023
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a … [+] Federal Open Market Committee (FOMC) meeting in Washington, DC, US. Rates are expected to mov...
Fed Hikes Rates by Only 50 Basis Points, but Remains Hawkish
Key Takeaways The U.S. central bank announced today that it was increasing the federal interest rates by 50 basis points. The decision brings rates to a range between 4.25% and 4.50%. The Fed’s decisi...
Fed raises interest rates half a point
The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating that the fight against inflation is not over despite some promising signs lately. Keepi...
Fed Ends 0.75% Streak, Opts for Lower Rate Increase in December
The Federal Reserve bumped interest rates by half of a percentage point on Wednesday, putting an end to its streak of 75 basis point rate increases which started back in June. The US central bank cit...
The Fed projects raising rates as high as 5.1% before ending inflation battle
Federal Reserve Bank Board Chairman Jerome Powell answers reporters’ questions during a news conference following a meeting of the Federal Open Market Committee (FMOC) on November 02, 2022 in Wa...
U.S. Fed lifts rates by 50 basis points
The U.S. Federal Reserve just delivered its well-telegraphed 50 basis points increase in interest rates – a day after the consumer prices were reported to have eased further to 7.1% in November. That ...
Fed rate hike pushes business loans over 10% for first time since 2007
With the Federal Reserve’s latest rate hike adding half a percentage point to the cost of debt capital and reaching its highest level in 15 years, the majority of small business loans will hit t...
Fed Raises Rates Another 50 Basis Points—Signals More Hikes To Come Next Year
Topline The Federal Reserve on Wednesday eased up on its most aggressive economic tightening campaign in three decades, raising interest rates by 50 basis points (after four consecutive three-quarter ...
Jim Cramer’s Investing Club meeting Wednesday: Fed decision, Qualcomm
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 Wednesday’s key moments. Don’t trade on Fed...
Bitcoin trades around $18,000, U.S. dollar sinks as all eyes are on the Fed
Bitcoin soared ahead of the Federal Reserve’s last interest rate decision of the year while the U.S. dollar has erased much of its 2022 gains. Bitcoin was trading at $18,080 at 10:53 a.m....
Cryptocurrency Values Went Up on the Release of FED Minutes
– Advertisement – Many commodities in the financial market have taken a tumble since the FED’s aggressive approach to hike interest rates. The approach started in early January, coinciding...
BTC, ETH Remain Higher Ahead of Fed Rate Decision – Market Updates Bitcoin News
Bitcoin continues to trade close to $18,000 on Wednesday, as markets remain bullish, following the latest U.S. inflation report. Following the data, which saw consumer prices rise to 7.1%, many expect...
Equity Rally Fizzles as Caution Over Fed Dominates: Markets Wrap
(Bloomberg) — US equity-index futures traded weaker as investors debated whether inflation had eased enough to encourage the Federal Reserve to slow monetary tightening. Most Read from Bloomberg...
The Fed Will Lift Rates at Its Meeting Today. What to Expect After That.
The Federal Reserve’s efforts to tame runaway inflation appear to be working, but there is still a long way to go. Investors rejoiced on Tuesday, sending stocks higher after the release of a fifth-str...
Fed Rate Hike Looms After Market Rally Fizzles; Tesla Stock Hits New Lows As Elon Musk Admits This
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. All eyes await the Federal Reserve meeting announcement and Fed chief Jerome Powell. Fed rate hike outlook...
Crypto and high wages need to crash for Fed to beat inflation
CNBC’s Jim Cramer on Tuesday outlined what needs to happen for the Federal Reserve to finally beat inflation after the monthly consumer price index report showed that prices rose less than expec...
Opinion: Opinion: The Fed should pause rate hikes since inflation has slowed — it won’t
The Federal Reserve should declare an immediate cease fire in its war against inflation and hold its benchmark interest rate steady instead of raising the federal funds by a half percentage point to a...