The Go! Go! Curry restaurant has a sign in the window reading “We Are Hiring” in Cambridge, Massachusetts, July 8, 2022. Brian Snyder | Reuters September’s jobs report provided both ...
Tag: Fed
Weekly MacroSlate: A fourth 75bps fed rate hike is now on the cards due to a strong U.S jobs report. What does this mean for Bitcoin?
Macro Overview Bank of Japan attempts to rescue the Yen On Sept. 22, the Bank of Japan (BOJ) became the first central bank to intervene with their currency to prevent a currency collapse through FX in...
Fed Officials Won’t Relent on Path to 4.5% and May Move Higher
(Bloomberg) — The Federal Reserve is closing ranks around a goal of quickly raising their benchmark interest rate to around 4.5% then holding it there, while being prepared to go higher if eleva...
A ‘Fed pivot’ still is the best shot for stocks to rebound
Timing the market has been a nagging question for investors ever since the stock market began its decline by roughly 25% in January this year. The right answer likely hinges on whether or not the Fede...
Bear Market Deepens As Fed Official Warns Rate Hikes Will Trigger ‘Failures’ Around Global Economy
Topline The Federal Reserve’s interest rate hikes further tanked the housing and stock markets this week, but signs that the job market may not be cooling quickly enough could mean the economy h...
Bond markets facing historic losses grow anxious of Fed that ‘isn’t blinking yet’
The Federal Reserve has been showing no signs of letting up on aggressive rate hikes, even as its policies fuel carnage for the ages across the roughly $53 trillion U.S. bond market. As a result, borr...
Don’t fight the Fed: or should you? 3 reasons to buy stocks in October
A strange week for the US stock market investors just ended. After rallying in the first part of the week, the market gave back almost all gains following the September NFP report. The report showed t...
Don’t ‘be a hero’ while the Fed battles inflation
CNBC’s Jim Cramer on Friday warned investors against adding to their portfolios until the stock market and economy become less volatile. “This economy is a runaway train; it’s smashe...
Stocks tank, Treasury yields spike as jobs report dashes hopes of Fed pivot
U.S. stocks cratered on Friday in their worst day since the throes of September’s sell-off after the government’s monthly employment report showed labor conditions remained tight last mont...
Summers Urges Fed to Keep Tightening, Even as ‘Collision’ Looms
(Bloomberg) — Former Treasury Secretary Lawrence Summers said it’s important for the Federal Reserve to deliver on the further monetary tightening it has signaled, even in the face of financial ...
Fed may need to pivot by early November, when ‘something breaks’: Scott Minerd
With multiple cracks emerging in global financial markets, the Federal Reserve may be forced to end its aggressive rate hikes “when something breaks” and to pivot by the end of the World Series this f...
Bitcoin Tumbles Hard After US Jobs Data, Probability Of 75 Bps Fed Rate Hike Jumps
Bitcoin price tumbled over 4% after the U.S. Bureau of Labor Statistics released non-farm payroll data for September. The U.S. unemployment rate fell to 3.5%, below the expected 3.7% in September. Mor...
New Jobs Report Lands With 263,000 Added In September
Private non-farm payrolls were up 263,000 in September (Photo by Carl Court/Getty Images) Getty Images In figures that have just been released by the Bureau of Labor Statistics, there were a total of ...
This Inflation Will Soon Dwarf The 1970s Breakout
The 1970s is the ultimate American allegory of inflation. By official measures, it was the worst inflation rout in America’s post-war history, with inflation peaking at 14.6%. It was also a bitter les...
Elon Musk Deflation Warning Likely As Fed Admits To Overshooting
The Federal Reserve is dictating the monetary policy of the US and is controlling the market movement as a result. The Fed continues to follow its hawkish stance despite the economic slowdown and spik...
Dow Jones Dips As Fed Governor Touts Hikes; Marijuana Stocks Explode On Biden Move; GE Stock Falls
The Dow Jones Industrial Average fell as new Fed official Lisa Cook touted ongoing interest rate hikes. Marijuana stocks such as Canopy Growth (CGC) and Tilray (TLRY) rocketed on a move by President J...
Markets See 0.75 Percentage Point Hike At November Fed Meeting
Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, … [+] D.C., US, on Friday, Sept. 23, 2022. The Fed is expected to set interest rates again on ...
Treasuries Liquidity Problem Exposes Fed to ‘Biggest Nightmare’
(Bloomberg) — The latest bout of global financial volatility has heightened concerns about regulators’ continuing failure to resolve liquidity problems with US Treasuries — the debt that serves as a b...
JOLTs jolted: Did the Fed break the labour market?
In the Bureau of Labor Statistics (BLS) August release of the Job Openings and Labor Turnover Survey (JOLTS) report, the number of job openings, a measure of demand for labour, fell to 10.1 million. T...
It may be time for the Fed to dial back its inflation battle
CNBC’s Jim Cramer on Tuesday said that recent economic data shows the Federal Reserve could start taking a softer approach to inflation. “This rampant inflation may not be as malignant as ...
If Fed reduces tightening, bitcoin and crypto to rebound
With the U.S. midterm elections approaching, and world economies in free fall towards recession, there are signs that the Federal Reserve will either reduce future rate hikes or go into pause mode. Cr...
Fed Telegraphs No Aussie-Style Policy Pivot in Inflation Battle
(Bloomberg) — Federal Reserve officials are starting to get what they want from the economy, but the bar for any “pivot” toward a less-aggressive monetary policy tightening path is probably stil...
Stablecoins Add ‘Novel Vulnerabilities’ to Crypto, Financial Stability: NY Fed
The rapid growth of the decentralized finance (DeFi) sector is fraught with several challenges, including run risks among major stablecoins, according to a new report by the Federal Reserve Bank of Ne...
New Fed Governor Says Combating Inflation is Still Top Priority
Philip Jefferson – one of the Federal Reserve’s three newest governors – has re-emphasized the central bank’s plans to continue fighting inflation. The former college professor said he and his collea...
Markets Seem Hopeful the Fed Will Temper Rate Increases That Crushed Prices
● Bitcoin (BTC): $20,379 +4.2% ● Ether (ETH): $1,360 +3.0% ● CoinDesk Market Index (CMI): $989 +3.0% ● S&P 500 daily close: 3,790.93 +3.1% ● ...
Global economy will ‘crumble’ if Fed doesn’t stop hiking interest rates, billionaire investor Sternlicht says
““They are going to cause unbelievable calamities if they keep up their action, and not just here, all over the globe,” ” — Barry Sternlicht, CEO, Starwood Capital Group Billionaire Barry Sternlicht,...
To Avoid a Global Recession the Fed Should Ease Interest Rate Hikes – UN Report
Caution should not be thrown to the wind when it comes to tightening fiscal and monetary policies because this could trigger a global recession, according to a UN agency report. The Trade and Developm...
Bitcoin (BTC) Price Surge Soon After Fed Action
In the midst of a challenging macroeconomic scenario, Mike Novogratz is optimistic with regards to his Bitcoin price prediction. Novogratz, the chief executive officer of Galaxy Investment Partners, h...
How To Spot A Relief Rally In Stocks And Stock Markets
stock trading with bull and bear getty After stocks sell off and make a new low, some buyers come back in and provide support for a few days, sometimes a few weeks. That’s a relief rally and it’s usua...
UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for ‘Public Spending’ Increases – Economics Bitcoin News
The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the...
Bitcoin Crosses $20,000 as Fed Pivot Speculation Intensifies – Trustnodes
Bitcoin is finally moving a little bit, just about crossing $20,000 and currently trading at about that level, while Europe’s STOXX has seen a 3.34% gain. The dollar strength index is down as well, as...