The Dow Jones Industrial Average reversed higher Wednesday despite hot inflation data from the producer price index. Minutes from the Federal Reserve’s latest policy meeting are due out later in...
Tag: Fed
Jim Cramer Says Stocks Will Climb Once Fed Signals Shift; Here Are 2 Names to Watch
Inflation is high, the Fed is aggressively hiking interest rates, and the markets keep testing their lows for the year. The rest of this week will see several key monthly reports, including the consum...
Cryptos, Stocks Rally on Hope Fed Will Pivot
The Fed is willing to rethink its current policy direction if economic conditions continue to deteriorate, minutes show Markets seem confident that a pivot is on the horizon The Federal Reserve has st...
S&P 500 And Nasdaq Post New 2-Year Lows After Fed Signals Higher Unemployment May Be Necessary To Tame Inflation
Topline Major indexes fell for a sixth straight day and closed at their lowest level in more than two years on Wednesday, after the Federal Reserve doubled down on its aggressive interest rate hiking ...
ARK Invest’s Cathie Wood Pens Open Letter Claiming Fed Is Making Policy Error in Hiking Interest Rates
Veteran hedge fund manager and ARK invest founder Cathie Wood is calling out the US Federal Reserve in a new open letter. In a post on ARK’s website, Wood says the Fed seems to be basing its decisions...
Fed Acknowledges Rate Hikes Will Fuel Unemployment—But Warns Inflation Could Cause ‘Far Greater Economic Pain’
Topline Ahead of a critical inflation reading, the Federal Reserve on Wednesday indicated it would continue an aggressive interest rate hiking campaign until there was more clear evidence that inflati...
Fed minutes October 2022:
Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain in place until prices come down, according t...
Cash is king again as money managers are in no rush to embrace risk with Fed raising rates
Traders work on the floor of the New York Stock Exchange (NYSE) on October 07, 2022 in New York City. Spencer Platt | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) Cash, o...
September PPI Report Will Concern The Fed
Jerome Powell, chairman of the US Federal Reserve, takes notes during a Fed Listens event in … [+] Washington, D.C., US, on Friday, Sept. 23, 2022. The recent inflation in the Producer Price Ind...
BNY Mellon Offers Crypto Custody & Custodia Bank’s Caitlin Long Blasts The Fed
Yeah, yeah, the BNY Mellon entered the crypto custody business. The real story here is Custodia Bank’s Caitlin Long’s emotional speech at DC Fintech Week. The bitcoin enthusiast banker left the rest o...
Investors will be ‘rewarded’ when the Fed stops hiking rates
CNBC’s Jim Cramer on Tuesday told investors that good things will come to those who wait for the Federal Reserve to stop raising interest rates. “I always say there’s no give without...
Fed’s Mester says there’s been no progress on inflation, so interest rates need to move higher
With little or no progress made on bringing inflation down, the Federal Reserve needs to continue raising interest rates, Cleveland Fed President Loretta Mester said Tuesday. “At some point, you know,...
ARK Crypto Fund Sinks to New Lows; Get the Fed on the Phone
Before the U.S. Federal Reserve’s (Fed) next policy decision on Nov. 2, Ark Invest’s Catherine Wood said the central bank was making a policy mistake that would result in deflation. In an open letter,...
Stocks Are Now 25% Below The Peak. Should You Buy Or Should You Sell?
With the market 25% below its peak, the time to sell may be over but it does not mean that it’s time … [+] to buy either. If you have trimmed positions, good for you. If not, seek a profes...
Odds Of Global Recession: ‘98.1%.’ Broader Picture ‘Concerning.’
The moon rises next to the European Central Bank in Frankfurt, Germany, Monday, Oct. 10, 2022. It’s … [+] a wonder they even have electricity at this point. (AP Photo/Michael Probst) Copyr...
we may be very close to Fed capitulation
Jerome Powell, chairman of the US Federal Reserve – Al Drago /Bloomberg Warnings about monetary overkill by central banks are growing louder. This time the insurgency is coming from within Ameri...
What Does A Recession Mean For The Housing Market?
Key Takeaways Some analysts are putting the probability of a global recession as high as 98.1%. There are a number of factors pushing the economy this way, including a strong US dollar, the Fed’s inte...
ARK Offers “Data-Driven” Advice To Fed
Asset management firm, ARK Invest, has directly addressed the Federal Reserve over its decision to increase funds interest rates, with the concern that such serious policy errors could lead to deflati...
Ark Invest’s Cathie Wood Criticizes Fed Over Interest Rate Hike
2 hours ago | 2 mins read Bitcoin News One of his key goals of Fed is to reduce inflation to below two percent. She points out that the Fed has approved four straight rate rises of 75 basis points. A...
Two Fed Officials Make Case for Caution With Future Interest Rate Raises
Two Federal Reserve officials began laying out a case for exercising caution in raising interest rates after policy makers last month telegraphed plans to continue lifting rates at their fastest pace ...
Cathie Wood just wrote an open letter to the Fed accusing it of stoking ‘deflation’ and looking at the wrong economic indicators
The Federal Reserve has raised interest rates at the fastest pace since the 1980s this year in an attempt to cure America’s inflation problem. But now, many economists and business leaders are beginni...
All you need to know about Cathie wood’s appeal to FED
The world economy is going through an unprecedented time. The living cost is higher than in the last 45 years. The Federal Reserve plans to increase the interest rate in such a devastating situation. ...
Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed – Bitcoin News
Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to ...
Cathie Wood’s Dire Warning To The Fed, Warns Of Deflation
Cathie Wood, the CEO and CIO of Ark Invest, claims that the Federal Reserve is causing deflation. The Federal Reserve is engaging in quantitative tightening to combat inflation in the United States. I...
Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics ‘for Research on Banks and Financial Crises’ – Economics Bitcoin News
Former Federal Reserve Chairman Ben Bernanke has been awarded a Nobel Prize in Economics. The Nobel Prize committee believes that he “significantly improved our understanding of the role of banks in t...
Market rallies will be temporary until the Fed beats inflation
CNBC’s Jim Cramer on Monday warned that any market rally will be temporary until the economy cools down. “Right now you can get a bounce. Without some more data that shows the Fed’s ...
Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage – Market Updates Bitcoin News
Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, t...
Bernanke says Fed shouldn’t use interest rates to ‘fine-tune’ financial stability risks
The Federal Reserve shouldn’t use its interest-rate policy to “fine-tune” financial stability risks, said former Fed Chairman Ben Bernanke on Monday. Speaking to reporters at the Brookings Institution...
When Will The Bear Market End For Stocks?
2022 has been a terrible year for investors, when might the bear market end? (Photo by Bryan R. … [+] Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images) AFP via Getty Images 2022 has be...
ARK’s Cathie Wood issues open letter to the Fed, saying it is risking an economic ‘bust’
Cathie Wood, Founder, CEO, and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. David Swanson | Reuters The Federal Reserve likely is...
Former Fed Chief Bernanke Shares Nobel Prize In Economics For Work On Financial Crises
Topline Former chair of the U.S. Federal Reserve Ben Bernanke was among a trio of U.S.-based economists awarded the 2022 Nobel Prize in economic sciences, the Royal Swedish Academy of Sciences announc...