Stocks plunged on Tuesday as fears that the Federal Reserve will ultimately spark a recession spread like wildfire after a hotter-than-expected inflation print. The Fed has raised interest rates four ...
Tag: Fed
The Federal Reserve’s Rate Hikes Are Cooling The Housing Market But Land-Use Reforms Still Needed
Professional engineer architect worker with protective helmet and blueprints paper at house building … [+] construction site background getty Since the spring of 2022, the Fed’s federal funds ra...
U.S. Stocks Plummet Amid Worse Than Expected Inflation Data
NEW YORK – OCTOBER 07: A bronze statue of a bull fighting with a bear is displayed at the Museum of … [+] American Finance October 7, 2008 on Wall St. in New York City. An affiliate of the...
Any doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data
Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75 percentage point next week is gone, economists said, following the hot U.S. consumer price inflation data for Augu...
When Is The Fed Raising Interest Rates?
The Fed & Inflation. Getty Images Key takeaways Federal Reserve Chair Jerome Powell has made it clear that the central bank will continue to raise interest rates until inflation is tamed. Economis...
Is Inflation Finally Cooling Down?
AFP via Getty Images Key takeaways August’s Consumer Price Index (CPI) data was released early Tuesday morning, finding that headline inflation has increased 0.1% in August and core inflation has clim...
CPI Inflation Low, But Offers Little Encouragement For Fed Or Markets
Jerome Powell, chairman of the U.S. Federal Reserve, is unlikely to be comforted by the August CPI … [+] report which showed underlying inflation remains in many areas of the U.S. economy. Photo...
Crypto Impacted by Fed More Than Stocks: Macroeconomist Explains
Crypto is getting impacted by U.S. monetary policy much more than stocks. While there seems to be multiple reasons for this emerging trend, macroeconomist Tascha Che believes there are sufficient conc...
CPI Inflation Rate Is Sliding, But This Is What Matters For The Fed And Dow Jones
Wall Street economists expect Tuesday morning’s release of the consumer price index for August to show a 0.1% monthly decline, thanks to falling gas prices. That would bring the CPI inflation ra...
Dow Jumps 200 Points As Investors Brace For August Inflation Report And More Fed Rate Hikes
Topline The stock market moved higher on Monday, extending recent gains ahead of a key inflation report this week, with investors hoping for more signs that high consumer prices have peaked as the Fed...
Fed Mega-Hike Expected On September 21, Despite Tamer Inflation Forecasts
WASHINGTON, DC – JUNE 19: Federal Reserve Board Chairman Jerome Powell is expected to announce a … [+] 50bps to 75bps rate increase on September 21 according to market futures. (Photo by M...
Falling gas prices are raising hopes that inflation is slowing, New York Fed survey shows
People shop at a supermarket in Montebello, California, on August 23, 2022. Frederic J. Brown | AFP | Getty Images Lower gas prices are raising optimism that inflation is on the decline, according to ...
With rate hikes, Fed creates deflation risk
While the Fed Chairman seems to hint that the policy of rate hikes will continue, many warn about deflation risks in the US. Fed Chairman generates deflation risk The Fed seems intent on not backing o...
The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a pivotal week on a firm footing as bulls succeed in wiping out weeks of losses. After closing the latest weekly candle at $21,800, its highest since mid-August, BTC/USD is back o...
Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation – Economics Bitcoin News
Tesla CEO Elon Musk has warned that a major rate hike by the Federal Reserve risks deflation in the U.S. economy. Musk’s warning followed an analysis by Ark Invest CEO Cathie Wood, who cautioned that ...
Treasuries Suggest Fed Can Tame Inflation Without Killing Growth
(Bloomberg) — The bond market is signaling that in the matter of the Federal Reserve versus inflation, its money is on the US central bank. Most Read from Bloomberg Demand for inflation protecti...
Fed Rush to Cool Inflation Set to Continue With Another Big Hike
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Federal Reserve officials look on track for another jumbo ...
U.S. stocks suffer largest weekly outflows in 11 weeks as investors brace for possible jumbo Fed rate hike
Investors withdrew billions of dollars out of U.S. equities funds over the past week as central bankers’ hawkish messaging fueled fears of deeper economic downturn. U.S. stock funds recorded the bigg...
Fed official believes CBDC isn’t needed at the moment
Join Our Telegram channel to stay up to date on breaking news coverage The United States Federal Reserve Vice Chairman for Supervision, Michael Barr, has opined that crypto requires a watchful regulat...
Elon Musk Says Interest Hike by Fed Risks of Deflation
Bitcoin News On September 21st, 2022, the Federal Reserve Board will determine the next hike. Economist Peter Schiff is sounding the alarm about imminent hyperinflation. Elon Musk, CEO of Tesla and Sp...
Inflation Could Be Harder to Tame Than the Fed Anticipates
Text size Another 75-basis-point hike in the federal-funds target is looking very, very likely. Ting Shen/Bloomberg Market participants returned from their summer holidays apparently undaunted by the ...
Wall Street, Fed officials warm to idea of third-straight 0.75% interest rate hike
A series of Wall Street banks lifted expectations this week for the Federal Reserve’s next move. Economists at Bank of America, Goldman Sachs, and Nomura now project policymakers will deliver a ...
Bitcoin Price Skyrockets As Dollar Retreats, Will The Fed Ruin The Rally
Bitcoin price has increased by close to 9% in the last few hours as the broader crypto market recovers. It has crossed the $21K mark again and is currently still going strong. Its price increased by c...
Latest Forecasts Optimistic On Upcoming CPI Inflation Reports
President Biden has drawn attention to lower gasoline prices, which could lead to further mild CPI … [+] reports, but will this be enough for the Fed? (Photo by Jim WATSON / AFP) (Photo by JIM W...
Inflation Is Mucking Up the Numbers for Fed Balance-Sheet Runoff
(Bloomberg) — Three months after the Federal Reserve stopped reinvesting all of the maturing Treasury securities in its portfolio — allowing $30 billion a month to run off — its hold...
Digital Dollar CBDC: GOP Committee Calls on Fed Vice Chair for Answers
Republicans on the House Financial Services Committee, led by Patrick McHenry, wrote to Federal Reserve board vice chair Lael Brainard, to clarify the regulator’s stance on a central bank digital curr...
Dow Jumps Over 300 Points As Investors Shake Off Rising Fears About More Fed Rate Hikes
Topline The stock market surged higher on Friday, with stocks on pace to snap a three-week losing streak as investors shook off Federal Reserve Chair Jerome Powell’s recent comments about more interes...
Are We In A Goldilocks Economy?
Getty Images Key takeaways In light of moderating economic data, some economists believe we could be headed toward a “Goldilocks economy” – or in one already Goldilocks economies are “just right,” wit...
House Republicans press Fed on digital dollar
Republicans on the House Financial Services Committee want more information from the Federal Reserve System on a potential US Central Bank Digital Currency, ahead of a deadline set by President Joe Bi...
Opinion: Americans are feeling poorer for good reason: Household wealth was shredded by inflation and Fed tightening
U.S. households’ real wealth plunged at a record 20.9% annual rate to $143 trillion in the second quarter of the year, with modest gains in home values offset by high inflation and a big selloff in th...