Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could ‘Trigger a Devastating Recession’ – Economics Bitcoin News

On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame inflation and stabilize the American economy. The recent rate hike is the U.S. central ba...

Fed hikes rates by 75 bps; reaches twin milestones ahead of GDP data

In line with market expectations, Chairman Powell and the members of the FOMC, raised the federal funds rate by 0.75%, for a second consecutive time. In a unanimous vote, the policy corridor was raise...

Widely Watched Yield Curve at Most Inverted in Decades After Fed Hike

(Bloomberg) — One of the Treasury market’s more widely watched yield-curve indicators extended its inversion after the Federal Reserve’s decision to lift its benchmark rate in line with expectat...

Key Takeaways From Fed Decision to Raise Rates 75 Basis Points

Reuters Analysis-Investors gauge U.S. stocks rebound: ‘suckers’ rally’ or market bottom? As investors await another jumbo-sized rate increase from the Federal Reserve, they are takin...

Stock futures fall slightly after big Fed rally, Meta shares decline

Traders react on the floor of the New York Stock Exchange (NYSE) as a screen shows Federal Reserve Board Chairman Jerome Powell during a news conference following a Fed rate announcement, in New York ...

Surprise? How the stock market has reacted on day of each Fed rate hike in 2022

The Federal Reserve’s strategy of supersize interest rate hikes gets much of the blame for triggering a bear market in stocks in 2022, but investors might be surprised by a look back at how equites ha...

Here’s Everything That Will Cost More As Fed Raises Interest Rates

Topline The Federal Reserve on Wednesday again authorized one of the biggest interest rate hikes in 28 years as part of its effort to combat the quickest surge in prices in four decades—doubling down ...

Ethereum Shows “Quite a Few” Anomalies Ahead of FED and GDP Info

Arman Shirinyan Ethereum’s on-chain activity is showing some strange activity ahead of two major events Contents Fees remain calm Active address anomaly At least two fundamental events are going...

Dow Jumps 400 Points After Fed Hikes Rates By 75 Basis Points

Topline The stock market jumped on Wednesday after the Federal Reserve raised interest rates by 75 basis points for the second consecutive month in a row, with Fed Chair Jerome Powell hinting that the...

Here Are The Dates For The Remaining 2022 Fed Rate Decisions, And What The Market Expects From Them

Jerome Powell, chairman of the US Federal Reserve, listens during a House Financial Services … [+] Committee hearing in Washington, D.C., U.S., on Thursday, June 23, 2022. Powell gave his most e...

Fed Chair Jerome Powell said he does not think the U.S. is currently in a recession

Federal Reserve Chairman Jerome Powell said Wednesday he does not believe the U.S. economy is in a recession as the central bank raised rates further to fight inflation. “I do not think the U.S....

Bitcoin Up as Fed Announces 0.75 Points Rates Hike

Key Takeaways The Federal Reserve is hiking interest rates by another 75 basis points. The rate hike comes after the Consumer Price Index revealed that inflation had hit a 40-year high of 9.1% in June...

Fed Raises Interest Rates By 75 Basis Points Again As Investors Brace For Recession

Topline The Federal Reserve on Wednesday doubled down on its most aggressive economic tightening campaign in nearly three decades to help temper the nation’s stubbornly high inflation, raising i...

Fed decision July 2022:

The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession. In taking the benc...

Top Crypto Analyst Says Traders Putting Too Much Emphasis on The Fed, Names His Top Altcoin Projects

Popular analyst Michaël van de Poppe says traders are likely over-stressing the potential impact that the Federal Open Market Committee (FOMC) will have on crypto markets. Van de Poppe tells his 619,0...

The Fed will cut rates next year, says BofA. Here’s what will happen to Treasurys.

All eyes will be on the Federal Reserve on Wednesday. The central bank is widely expected to continue the fast pace of monetary tightening with another 75 basis-point hike in borrowing costs. But even...

Will Stablecoins Be Tethered to the Fed? Lawmakers Have Circled That Option

Lawmakers in the House Financial Services Committee have found common ground on a bipartisan effort to establish stablecoin oversight in the U.S. It could mark a first step toward crypto regulation, t...

75 bps Fed rate hike likely amid a “world of paradox”

In a historic move, the market anticipates that the Federal Funds Rate, the key policy tool of the Federal Reserve will breach the neutral rate of interest with the conclusion of the Fed’s 2-day FOMC ...

Fed Readies Largest Rate Hikes Since Volcker: Decision-Day Guide

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Federal Reserve Chair Jerome Powell is set to deliver the ...

Stocks Rally Ahead Of Fed Decision, Microsoft And Alphabet Rise After Earnings

Topline The stock market moved slightly higher on Wednesday morning thanks to a boost from Big Tech stocks like Microsoft and Alphabet, which both rallied despite missing earnings estimates, while inv...

What will the FED decide today? Last chance for interest rate hikes before 2 month hiatus

The Federal Reserve has its last FOMC meeting on July 27 before it breaks for 2 months. All eyes are on whether FED chair Jerome Powell will follow the market consensus of 75 basis points (bp) or look...

Stock futures rise ahead of key Fed decision, Microsoft and Alphabet pop after earnings

Stock futures climbed early on Wednesday morning, boosted by strong gains from Google-parent Alphabet and Microsoft, as traders await the Federal Reserve’s latest interest rate decision, schedul...

Crypto Market Dips Ahead of Upcoming Fed Meeting

The price of Bitcoin, Ethereum, and other major cryptocurrencies slumped on Monday as the Federal Reserve is expected to increase its benchmark interest rate by 0.75%, the largest hike in nearly three...

With the Fed raising rates, should you pause plans to buy a house or car?

As if wasn’t already tough enough to make a major purchase at a time when living costs are skyrocketing, the interest rates to finance those pricey purchases are going up. Now consumers are confrontin...

Crypto Traders Split on Upcoming Fed Rate Hike’s Impact on Bitcoin

“There is no doubt that Powell will pivot, but the pivot will not be this year, at least until November, and there will be no significant reduction in rate hikes (like 25 bps). The reason is tha...

Is the USD a good buy ahead of Fed decision?

The DXY index moved sideways on Wednesday as investors refocused on the upcoming Federal Reserve interest rate decision. The US dollar index was trading at $107.02, which was about 0.7% above the lowe...

US Futures Rise on Earnings Amid Countdown to Fed: Markets Wrap

(Bloomberg) — Stocks and US equity futures rallied Wednesday as a batch of resilient company earnings helped alleviate some of the wider caution in markets ahead of a pivotal Federal Reserve mon...

After Fed Raises Interest Rates Wednesday, Investors to Look for Clues About What’s Next

After the Federal Reserve lifts its benchmark interest rate on Wednesday, attention will turn to what Chairman Jerome Powell says about a rate increase at the central bank’s meeting in September. The ...

Bitcoin Slips To 1-Week Low Ahead Of Fed Hike Rate Decision

On July 26, the price of Bitcoin (BTC) fell to a level not seen in more than a week as investor anxiety grew in anticipation of the Federal Reserve raising interest rates. Bitcoin Slumps According to ...

Dow Jones Futures Rise On Google, Microsoft Earnings After Stocks Skid; Fed Rate Hike Looms

Dow Jones futures rose overnight, along with S&P 500 futures and especially Nasdaq futures. Google and Microsoft headlined overnight earnings, with the Federal Reserve meeting announcement looming...

Here’s what Bill Ackman says Powell should tell traders about Fed rate-hike plans

“‘Tomorrow, Powell is likely to be asked: “Market pricing implies that the terminal FF rate will peak at 3.4% in 12/22 immediately declining thereafter to 2.7% by YE ‘23. What factors would cause the ...

The Future Is Brighter For Workers But Dangerous For Bond Investors

TOKYO, JAPAN – MARCH 17: A general view of the humanoid robot HONDA ASIMO during the press preview … [+] for ‘You And Robots – What Is It To Be Human?’ at National Museum...