That position, which has become a chief talking point for Fed officials, had also been echoed the day before by Michael Barr, the board’s new vice chairman for supervision. Barr also said he didn’t fe...
Tag: Fed
Did Fed officials call for serious need of stablecoin regulations
The cryptocurrency market, since its inception, has been open to doubt and speculation. Just recently, two U.S. Federal Reserve officials have asked for additional laws to be formed especially for sta...
ECB Rate Hike Means Recession Looms, Oil Bull Running On Fumes
ECB raises its main overnight lending rate to 1.25% from 0.5% on Thursday. It has a long way to go … [+] if it wants to fight 8.9% inflation in Western Europe. (Photo by Hannelore Foerster/Getty...
European Central Bank Follows The Fed, Raising Rates 75 Basis Points
FRANKFURT AM MAIN, GERMANY – President of the European Central Bank Christine Lagarde announced a … [+] 75bps rise in European interest rates to combat inflation (Photo by Ronald Wittek &#...
Stocks Rally Even After Powell Reiterates That Fed Will Keep Raising Rates
Topline The stock market rose slightly on Thursday even as recession fears continued and investors assessed comments from Federal Reserve Chair Jerome Powell, who pledged that the central bank is “str...
Fed Chair Powell vows to raise rates to fight inflation ‘until the job is done’
Federal Reserve Chairman Jerome Powell in an appearance Thursday emphasized the importance of getting inflation down now before the public gets too used to higher prices and comes to expect them as th...
Watch Fed Chair Jerome Powell speak live in Q&A at the Cato Institute
[The stream is slated to start at 9:10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Thursday morning in a question-and...
Why the Fed wants to see a strong dollar and falling stock prices
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, September 8, 2022 Today’s newslett...
FED Officials Express Stablecoin Regulations With Their Concerns
Two Officials from the FED called for the new regulations in stablecoins and traditional finance. The officials also shared about the stablecoin regulatory framework at the end of this year. FED Vice ...
Crypto Oversight Should Resemble Traditional Bank Rules, Fed Official Says
“We plan to work with other bank regulatory agencies to ensure that crypto activity inside banks is well regulated, based on the principle of same risk, same activity, same regulation, regardles...
Fed on Path for Another 0.75-Point Interest-Rate Lift After Powell’s Inflation Pledge
Updated Sept. 7, 2022 10:29 am ET Listen to article (2 minutes) The Federal Reserve appears to be on a path to raise interest rates by another 0.75 percentage point this month in the wake of Chairman ...
New Fed banking chief targeting crypto and climate change as top priorities
President Joe Biden will nominate Michael Barr to be the Federal Reserve’s top regulator in charge of big banks. Barr, who served as assistant Treasury secretary for financial institutions durin...
Don’t Miss Cato’s 40th Annual Monetary Conference
WASHINGTON – NOVEMBER 14: Chairman of the Federal Reserve Board Ben Bernanke addresses the Cato … [+] Institute’s 25th Annual Monetary Conference November 14, 2007 in Washington, DC....
Fed Vice Chair Brainard vows ‘we are in this for as long as it takes’ to stop inflation
Federal Reserve Vice Chair Lael Brainard vowed Wednesday to press the fight against inflation that she said is hurting lower-income Americans the most. That will mean more interest rate increases and ...
Market bracing for another three-quarter point hike from the Fed this month
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, DC, on July 27, 2022. Mandel Ngan | AFP | Getty Images Traders are now seeing a near-certainty that the Fede...
U.S. stock futures edge higher ahead of key speech from Fed’s Brainard
U.S. stock futures inched higher Wednesday, ahead of a key speech from Federal Reserve Vice Chair Lael Brainard and the release of the latest Fed-compiled look at the U.S. economy. What’s happening Fu...
The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too
The U.S. Federal Reserve’s campaign against inflation might not be finished until you’ve lost money on bitcoin (BTC). The reason why goes back to the basics of central banking. The Fed does what it do...
The stock market has been in free fall since the Fed said ‘pain was coming.’ Morgan Stanley says buckle up for another drop
“Fire and ice” isn’t just a show about dragons and zombies on HBO. It’s been Michael J. Wilson’s vision of the stock market throughout 2022. Wilson, the chief investment officer at Morgan Stanley, has...
Bill Ackman says stocks will soon be a ‘buy’ now that the Fed is ‘doing what it has to do’ to fight inflation
“‘Once people realize the Fed doesn’t have to keep increasing rates and will soon take rates down…that will be a buy signal for markets.’” — Bill Ackman Pershing Square Capital Management’s billionair...
When Is The September CPI Report, And What Should You Expect From It?
WASHINGTON, DC – FEBRUARY 16: U.S. Sen. Todd Young (R-ID) references a chart on rising costs during … [+] a press conference on inflation, at the Russell Senate Office Building on February...
The Fed Isn’t Moving the Stock Market, or the Price of Credit
In a meeting with pollster Brett Lloyd last week, he indicated that a number of U.S. Senate seats increasingly lean Democratic. After which, House seats are far more in play than is normally the case ...
No Escape From Biggest Bond Loss in Decades as Fed Keeps Hiking
(Bloomberg) — Investors who might be looking for the world’s biggest bond market to rally back soon from its worst losses in decades appear doomed to disappointment. Most Read from Bloomberg The...
Markets Still Doubt Fed Rate Hike Plans, Franklin’s Desai Says
(Bloomberg) — Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is und...
3 Stocks That Could Benefit From Powell Channeling Volcker
WASHINGTON – MAY 14: Former Federal Reserve Chairman Paul Volcker testifies before the Joint … [+] Economic Committee May 14, 2008 on Capitol Hill in Washington, DC. The full committee met...
If you need one more reason why stocks will likely lose money in September, here it is.
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. I say “finally” because market analysts...
Stocks Rally As Labor Market Cools Slightly, Taking Some Pressure Off The Fed
Topline The stock market moved higher on Friday after the August jobs report came in slightly lower than expected and dropped significantly from last month, which helped ease investor concerns that a ...
Silver is at a 2-year low, but it’s not gold that will determine what happens next, this analyst says
A tie can feel like a loss if you were in line for a victory. Conversely the draw can be celebrated if you were facing defeat. After a number of sessions when early gains evaporated, traders will be r...
The Fed must do two things to re-establish credibility, Allianz’s El-Erian says
Although it has now established more consistent messaging to the market, the U.S. Federal Reserve needs to do two more things to re-establish its credibility, according to Mohamed El-Erian, chief econ...
Bitcoin, Ether Consolidate as Traders Eye U.S. Jobs Report to Gauge Next Fed Rate Hike
The tighter the labor market, the stickier inflation and the more pro-tightening, or hawkish, the Fed will be. Risk assets, including cryptocurrencies, are addicted to cheap liquidity and have taken a...
The Fed Policy and The Merge: Crypto’s two biggest moments?
Now that September has begun, markets seem to be just reeling from the Federal Reserve’s more hawkish stance than they expected. In sync with the stock market, the crypto market tumbled after the Fede...
The Fed Mulls Launching New Instant Payment System That Could Taper The Use Of Cryptocurrencies In The US ⋆ ZyCrypto
Advertisement     The US Federal Reserve is set to launch “FedNow”, -a service that will enable businesses, individuals and institutions to send payments instantly, of...
Gold falls 0.6% after Fed Chair comments and ECB’s 75 bps rate hike
Gold price was struggling to hold above $1,717 an ounce on Thursday afternoon following a dip from intraday highs above $1,728 to lows of $1,711 an ounce, this as a soaring US dollar and US Treasury y...