CNBC’s Jim Cramer on Thursday told investors that used car retailer CarMax‘s recent earnings shortfall is good news for the Federal Reserve’s quest to tamp down inflation. “Whe...
Tag: Fed
Stock Market Gloom ‘Worse Than Ever’ As Fed Signals It May Keep Tightening Until Recession
Topline Fed officials on Thursday reiterated calls for aggressive policy to combat stubbornly high inflation—fueling expectations for bigger rate hikes amid a stock-market selloff that’s seen major in...
Interest Rate Sensitive Utility Stocks Are Having A Bad September
residential power distribution with safety equipment per local code getty The Utilities Sector Select Sector SPDR Fund is having a tough September after the Fed began the interest rate hikes. The fund...
Bitcoin Off Lows as Bank of England’s Bond Market Intervention Raises Hopes for Fed Pivot
The BOE, Fed, and other major central banks poured billions of dollars into the financial system via QE in the aftermath of the coronavirus-induced crash of 2020, triggering an unprecedented bull run ...
Wall Street Says Ignore the Treasury Rally. Fed Hikes Won’t Stop
(Bloomberg) — Some big bond investors say don’t be deceived by the Treasury market’s torrid rally Wednesday. Most Read from Bloomberg The hawkish signals still coming out of the Federal Reserve ...
The Fed May Not Be Able to Pivot Even If It so Desires
With the global economy teetering and markets in turmoil – the recent crash of the British pound and bond market being the latest examples – central banks are facing an acute dilemma they haven’t deal...
Fed Chair Jerome Powell Updates Work on Digital Dollar — Says US Central Bank Digital Currency Will Take ‘at Least a Couple of Years’ – Regulation Bitcoin News
Federal Reserve Chairman Jerome Powell says the U.S. central bank is looking at whether to issue a digital dollar with a “very broad scope.” He noted that the Fed is collaborating with Congress and th...
The Fed May Help Crypto Through the “Great Pause”
The Fed has been in the news quite a bit as of late. At the end of August, the agency stirred controversy when Jerome Powell gave a five-minute speech talking about more rate hikes. Naturally, crypto ...
Don’t Fight The Fed: FOMC Meeting Is Most Volatile For Bitcoin Ever
The FOMC meeting has been done and dusted, but its impact on the price of bitcoin has left a lasting market. Where the market had expected volatility following such an important meeting for the financ...
Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations
Ken Griffin, Citadel at Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Ken Griffin, Citadel’s founder and CEO, believes the Federal Reserve has more work to do to bring down inflation even ...
Fed: it is necessary to regulate DeFi and stablecoins
Yesterday, the Chairman of the US central bank (FED), Jerome Powell, said he believes it is now necessary to regulate cryptocurrencies and stablecoins. According to the FED, stablecoins need regulati...
The Fed Gets Trolled Over Their Response To Recession, Here’s Why
The crypto market saw a major selloff due to the hawkish stance of the Federal Reserve. Several key central bank officials gave speeches, speaking on a wide array of issues. However, the most importan...
Fed Chair Bats For DeFi Regulation, Cites “Structural Issues”
Acknowledging that DeFi would soon expand into the retail space, the Federal Reserve Chair, Jerome Powell, called for the regulation of DeFi. However, he stated that the regulation should be made car...
Central Banks Will Always Be Source of Trust in Money: Fed Chairman
Federal Reserve (Fed) Chairman Jerome Powell has spoken at the Conference on Opportunities and Challenges of the tokenization of finance, hosted at the Louvre by the Banque de France. In his comments,...
Fed Chair Powell Speaks On Digital Currency, Slams Crypto
The Federal Reserve chair Jerome Powell takes a major dig at the crypto ecosystem. Speaking at an event organized by Banque de France, the central bank of France, Powell states that there are very sig...
Fed Chair Powell Sees ‘Real Need’ for More Appropriate Defi Regulation Citing ‘Very Significant Structural Issues’ – Regulation Bitcoin News
Federal Reserve Chairman Jerome Powell says decentralized finance (defi) has “very significant structural issues,” emphasizing a “real need” for more appropriate regulation of the defi ecosystem. Fed ...
Fed Chairman Confirms That A U.S. CBDC Would “Not Be Anonymous”
Federal Reserve Chairman Jerome Powell said that a central bank digital currency (CBDC) in the U.S. would “not be anonymous” during an event hosted by the Bank of France on Tuesday. He described the ...
DeFi needs to be regulated ‘carefully and thoughtfully,’ says Fed chair Jerome Powell
U.S. Federal Reserve chair Jerome Powell urged lawmakers to be cautious when regulating decentralized finance (DeFi) while speaking at a roundtable conference organized by the central bank of France o...
Fed Chair Jerome Powell Details Views on Crypto, Stablecoins, DeFi and CBDCs, Says He Favors Responsible Innovation
The Chairman of the Federal Reserve says he favors responsible innovation in the world of crypto assets. In a new video speech given at an international crypto conference, Fed Chair Jerome Powell deta...
Cathie Wood says the Fed will ‘pivot’
The U.S. Federal Reserve signalled a terminal rate of 4.6% last week but Cathie Wood – Founder of Ark Investment Management remains convinced the central bank will “pivot”. U.S. is already in a recess...
Investors believe aggressive Fed will keep stock market down for the rest of 2022, CNBC survey shows
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, September 26, 2022. Brendan McDermid | Reuters (Click here to subscribe to the new Delivering Alpha newsletter.) The Federa...
Painful signs emerge that Fed is moving too far, too fast with aggressive rate increases
Fed Chair Jerome Powell, testifying before Congress in March: Is he too hawkish about inflation? (Kent Nishimura/Los Angeles Times) We have a term for the intentional infliction of pain on others: cru...
Stocks extend sell-off as Fed fears, currency turmoil persist
U.S. stocks had yet another losing session Monday, as the S&P 500 hit a new 2022 closing low and the Dow Jones Industrial Average’s decline put the index officially into a bear market. Equit...
Will The U.S. See A Recession?
Federal Reserve Chair Jerome Powell departs after speaking at a news conference Wednesday, Sept. 21, … [+] 2022, as the Fed has raised interest rates will it push the U.S. into recession? (AP Ph...
Bitcoin and ether sink lower, Fed fights inflation with new rate hike: This week in markets
Bitcoin and ether were both down over the past week after another volatile week of trading in which macroeconomic sentiment continues to guide prices. Bitcoin was down 5.75% at $18,949 over the past w...
The Most Recent Inflation Trend Matters The Most
Stones in calm water with evening sun getty On Wednesday, the Fed officially raised its rate target by three quarters of a percentage point, increasing the rate it pays on reserve balances to 3.15 per...
Is the Worst Behind Bitcoin? Glassnode Co-Founders Look at State of BTC After Another Fed Rate Hike
The creators of one of the top on-chain analytics firms in the crypto space are weighing in on Bitcoin (BTC) after the Federal Reserve issued another interest rate hike. In Glassnode’s latest newslett...
Stock Traders Brace for a Steeper Dive as Fed Ups Recession Fear
(Bloomberg) — A hawkish Federal Reserve crushed whatever hope investors had, plunging the stock market into a doom spiral last week and sparking traders’ fears that even more losses are on the w...
U.S. dollar strength continues as global central banks struggle to keep up with the Fed
The U.S. dollar (DX-Y.NYB) screamed higher Friday after the British pound (GBPUSD=X) was whacked when British authorities introduced a new stimulus package consisting of fresh spending and tax cuts. I...
Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market – Economics Bitcoin News
Following the Covid-19 pandemic, real estate investors did extremely well, despite the millions of Americans that were put out of work and faced evictions during the lockdowns in 2020. Stimulus put a ...
What The Fed’s Rate Hike Will Mean For Holiday Shopping
Walmart announced that it will offer thousands more Rollbacks this holiday shopping period on the … [+] hottest categories including toys, home, electronics and beauty. (Photo by Sarah Silbiger/...