U.S. stocks gave up early gains to finish lower on Monday, after Bloomberg reported that Apple Inc. plans to slow hiring and spending growth in some divisions next year in anticipation of a potential ...
Tag: Fed
Trader Behind Huge Fed Funds Wager Bags $14 Million in First Day
(Bloomberg) — A trader is pocketing big profits for breaking with the pack and placing a sizable bet that the Federal Reserve won’t increase the size of its interest-rate hikes. Most Read from B...
Why the Fed won’t raise interest rates by 100bps next week, according to Goldman Sachs
The Federal Reserve will stop short of unleashing its inflation-fighting bazooka when it meets to decide the fate of interest rates later this month, economists at Goldman Sachs think. “This sof...
Over Confident Markets Anticipate Steep Drop In Inflation
(Photo by Samuel Corum/Getty Images) Getty Images Inflation just printed at 9.1%, the highest level since 1981. But don’t worry, sayeth the ever-wise financial markets, it will fall back down ve...
BitMEX Founder Arthur Hayes Updates Bitcoin Forecast, Predicts Fed Will Be Forced To Print Trillions of Dollars
Former BitMEX CEO Arthur Hayes says he expects Bitcoin (BTC) to bottom out and quickly recover as he predicts the Federal Reserve will once again inject trillions of dollars to the financial system. T...
Fed Finally Is Focusing on the Big Picture in Inflation Fight
Text size A modest decline in gasoline prices has raised some hope that inflation is abating. Gene J. Puskar/AP/Shutterstock “Don’t fight the Fed” has long been the mantra of investors. As the U.S. ce...
56% of banks say DLT and crypto are ‘not a priority’ in near future — Fed survey
A survey conducted by the Federal Reserve Board of the United States suggested that the majority of officials at major banks did not consider crypto-related products and services a priority in the nea...
Fed Heads Toward 75 Basis-Point Rate Hike With Officials Wary of Bigger Move
(Bloomberg) — Federal Reserve officials are on track to raise interest rates by 75 basis points for the second straight month when they meet later in July, after policy makers pushed back agains...
Crypto Is Not a Priority For Most Private Banks, FED Survey Concludes
Inflation is raging in the United States, and banks are looking for solutions to cope with this crisis. Still, crypto is not on the radar of financial strategists just yet. On July 15, the U.S. Feder...
Fed ‘Let Us Down Quite Badly’ and Still Unrealistic, Summers Says
(Bloomberg) — Former Treasury Secretary Lawrence Summers issued one of his harshest criticisms yet of the Federal Reserve’s slowness in moving to raise interest rates, and warned that policy mak...
DeFi Coins Outperform Bitcoin, Ether as Traders Pare Bets on Jumbo Fed Rate Hike
While cryptocurrency lending platform Aave’s native coin AAVE was up 15% at $91, decentralized exchange Uniswap’s UNI traded at $7, representing a 13% gain, CoinDesk data shows. Bitcoin (B...
Dow Jones Futures: Market Rallies Back As Fed Hawks Say This; Tesla Rival Soars, Dow Giant UnitedHealth On Tap
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally fought back from big morning losses to close mixed on Thursday as two hawkish Fed o...
Powell, Clarida cleared of wrongdoing in Fed trading controversy
Federal Reserve Board Chairman Jerome Powell speaks to reporters after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflati...
What’s Next For U.S. Inflation?
An Exxon Mobil gas station in Big Spring, Texas, US, on Tuesday, June 21, 2022. Photographer: … [+] Matthew Busch/Bloomberg © 2022 Bloomberg Finance LP June saw an unwelcome spike in U.S. inflat...
Jamie Dimon rips Fed stress test as ‘terrible way to run’ financial system
Jamie Dimon, CEO of JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit in Washington, D.C. on Dec. 6th, 2018. Janvhi Bhojwani | CNBC JPMorgan Chase CEO Jamie Dimon didn’...
Arthur Hayes Expects Fed Intervention Following BTC Price Rise If These Events Happen
Gamza Khanzadaev Crypto entrepreneur supposes the Fed will begin printing money again and boost Bitcoin price The founder of the infamous BitMex crypto exchange and well-known entrepreneur Arthur Haye...
Fed Governor Waller says he’s open to ‘larger’ rate hike this month than in June
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday...
Fake Inflation Report Circulates, Sending Stocks Spiraling
NORTH MIAMI – FEBRUARY 20: Evelyn Bonilla shops for groceries at Lorenzo’s Supermarket as a new … [+] government report showed that consumer prices rose last month Februrary 20, 2008...
Bigger Rate Hikes, Higher Inflation And Ukraine War
Topline JPMorgan, the nation’s largest bank, kicked off second-quarter earnings season on Thursday with worse-than-expected results spurred by the market’s deteriorating conditions, prompt...
Fed report finds higher fears of inflation and potential recession
A Federal Reserve economic survey released Wednesday pointed to elevated recession fears along with a belief that soaring inflation will last at least through the end of the year. The central bankR...
Latest Inflation Surprise Sends Treasury Curve And U.S. Dollar To Record Levels
UNITED STATES – JULY 6: Gas prices are displayed on a sign at a gas station in Williams, Ariz., on … [+] Wednesday, July 6, 2022. (Bill Clark/CQ-Roll Call, Inc via Getty Images) CQ-Roll Ca...
Shock inflation data may push Fed towards historic rate increase: Strategist
Another 40-year high in inflation has may leave no choice for the Federal Reserve but to hike interest rates by a 100 basis points at its July 27 policy meeting, pros are beginning to say. “I th...
The FED Released A Study Of The Lightning Network. These Are Their Conclusions
Bitcoin is the FED’s new favorite subject. Fresh from the Federal Reserve Bank of St. Louis measuring inflation in BTC terms, comes the Federal Reserve Bank of Cleveland with a study titled “The Light...
Canada goes ‘nuclear’ with supersized 1% interest rate hike — will the Fed follow?
Canada goes ‘nuclear’ with supersized 1% interest rate hike — will the Fed follow? The pressure on Federal Reserve Chair Jerome Powell to strike harder against inflation grew even stronger today as hi...
The Fed is winning against inflation despite red-hot June CPI number, Jim Cramer says
CNBC’s Jim Cramer on Wednesday said that while consumer prices rose sharper in June than Wall Street expected, the Federal Reserve is close to beating inflation. “I think we have a real sh...
Dow Jones Futures: Market Rally Fall With Fed Ready For ‘Everything’ Rate Hike After Hot Inflation
Dow Jones futures fell modestly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally saw more losses, but closed off lows as investors tried to weigh the implications o...
US Futures Fall Amid Hawkish Post-CPI Fed Comments: Markets Wrap
(Bloomberg) — Asian stocks look set for a wary open after sizzling US inflation data buffeted Wall Street, hardening bets on an even more aggressive Federal Reserve campaign of monetary tighteni...