The U.S. Consumer Price Index (CPI) for June jumped to 9.1%, according to data released by the Bureau of Labor Statistics today, July 13. The rise in CPI started a liquidation chain across the crypto ...
Tag: Fed
Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed
●Bitcoin (BTC): $19,717 +1.2% ●Ether (ETH): $1,079 +3.2% ●S&P 500 daily close: 3,801.59 −0.5% ●Gold: $1,731 per troy ounce +0.5% ●Ten-year Treasury yield daily close: 2.90% −0.05 Bitcoin, ether an...
Fed Could Weigh Historic 100 Basis-Point Hike After Inflation Scorcher
(Bloomberg) — Federal Reserve officials may debate a historic one percentage-point rate hike later this month after another searing inflation report piled pressure on the central bank to act. Mo...
The Fed Can’t Whip Inflation Alone
But financial markets, whether crypto or equity, are generally less worried about inflation’s direct impact on Main Street than about the Federal Reserve’s response via the money supply, aka its overn...
US Inflation Quickens to 9.1%, Amping Up Fed Pressure to Go Big
(Bloomberg) — US inflation roared again to a fresh four-decade high last month, likely strengthening the Federal Reserve’s resolve to aggressively raise interest rates that risks upending the ec...
The “Pasta Bowl Recession” – What It Means For Investors
AFP via Getty Images Key takeaways Sean Snaith predicts that the U.S. is on its way to a “Pasta Bowl Recession” This recession, he says, could come in gradually and ease up just as gradually, just lik...
Inflation And The ‘Fed Put’ Is Here To Stay
Inflation meter. getty If the old orthodoxy has any sway left in the modern economic landscape it aims for balanced growth. For a while there it did great until the “global financial crisis” blew a ho...
Bitcoin circles $20K pre CPI amid warning Fed risks ‘blowing up’ economy
Bitcoin (BTC) rebounded from overnight lows on July 13 as markets nervously waited for United States inflation data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Countdown to “highly el...
U.S. stock futures inch up ahead of CPI data that could show inflation at 40-year high
U.S. equity futures inched higher on Wednesday, though trading was timid ahead of U.S. data that could show stubborn inflation forcing a faster pace of rate rises from the Federal Reserve. How are sto...
The FED Measures Inflation In Bitcoin Terms, Tries To Fool The General Public
The tables have turned. The FED concedes defeat and acknowledges bitcoin. Of course, they twist both numbers and words to try to make it seem like the dollar is the better money, but we all know what’...
A ‘less hawkish Fed’ wouldn’t kickstart a new bull market: here’s why
A near 4.0% rebound in the S&P 500 last week should be treated only as a bear market rally unless the 3,900 level is intact, says Matt Maley. He’s an Equity Strategist at Miller Tabak. Maley...
Fed Up With China, One Boss Tries Removing It From the Supply Chain
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple ...
Fed Vice Chair Says Crypto Needs Regulation Now Before It Threatens Stability of Financial System: Report
The Vice Chair of the Federal Reserve is reportedly saying that crypto regulations need to be enacted now before the digital assets industry threatens the stability of the entire financial system. Acc...
Fed Vice Chair Warns Bank Involvement in Crypto of Sparking Financial Instability
Federal Reserve Vice Chairwoman Lael Brainard urged policymakers to toughen up regulatory scrutiny on the crypto industry in a speech given at the Bank of England conference on Friday. Once again, the...
Konvoy Venture’s new $150 Million Fund, US Fed Head Calls for Tighter Crypto Regulations, More Losses Caused by 3AC – crypto.news
Earlier today, Konvoy ventures announced a $150 million fund to help crypto projects. US central bank governor calls for more crypto regulations, and projects notice more losses caused by 3AC fallout....
Commodity price declines may shape Fed’s rate-hike path, says economist
A significant downturn in commodity prices could give the Federal Reserve cover to change its aggressive pace of planned interest rate hikes, according to a report from Capital Economics. The centra...
Fed Vice Chair Calls for More Crypto Regulation, Notes Terra Collapse
The Federal Reserve vice chair today called on greater crypto regulation, noting that many investors have recently suffered significant losses. In a Friday speech at the Bank of England Conference in...
Fed Braces as Another Big US Inflation Number Looms: Eco Week
(Bloomberg) — US inflation data in the coming week may stiffen the resolve of Federal Reserve policy makers to proceed with another big boost in interest rates later this month. Most Read from B...
The Pain Trade- How Aggressive Will The Fed Be On Inflation
WASHINGTON, DC – MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, … [+] 2022 in Washington, DC. The cost of gasoline continues to rise across the globe a...
The American Bankers Association Holds Resistance Against Fed Issuing a CBDC – crypto.news
The American Bankers Association, which represents banks in the U.S., is warning against the potential risks associated with the use of digital currencies. In a letter to the U.S. Department of Commer...
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin
Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of England conference in London on Friday. Crypto has the same basic risk...
Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms – Market Updates Bitcoin News
During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls handsomely beat expectations. However, as we head into the remaining we...
Vicepresidenta de la Fed no está a gusto con lo que ve en el ecosistema cripto
“Hemos visto que las plataformas de trading y de préstamos cripto no solo participan en actividades similares a las de las finanzas tradicionales sin un cumplimiento normativo comparable, sino que tam...
Fed Supports Basic Crypto Protection
Federal Reserve Vice Chairwoman Lael Brainard said the time is ripe for bringing cryptocurrencies under the regulatory ambit. Policy makers should provide investor protections and other regulatory asp...
US Fed Vice Chairwoman Brainard Doesn’t Like What She’s Seeing in Crypto
“We have seen crypto trading platforms and crypto lending firms not only engage in activities similar to those in traditional finance without comparable regulatory compliance, but also combine activit...
The American Bankers Association really doesn’t want the Fed to issue a CBDC
The American Bankers Association, a major trade association representing banks across the US, is cautioning against a central bank digital currency. “The purported benefits of a U.S. Central Ba...
Labor Market Added 372,000 Jobs In June As Layoffs And Recession Fears Grow
Topline The U.S. labor market—one of the economy’s strongest pillars during the pandemic recovery—added back 372,000 jobs in June, performing better than economists projected amid concerns the Federal...
Bitcoin price crosses US$22K; Fed cools recession fears
Reuters Lawsuit accuses troubled crypto lender Celsius Network of fraud A former investment manager at Celsius Network sued the crypto lender on Thursday, saying it used customer deposits to rig the p...
Former Fed Regulator Calls For Full Ban On Bitcoin
Advertisement     Lee Reiners – a former employee of the Federal Reserve Bank of New York and currently executive director of Duke University’s Global Financial Market...
Ray Dalio warns that the Fed will likely trigger something far worse than high prices. Here’s what he likes today
‘Reducing inflation will come at a great cost’: Ray Dalio warns that the Fed will likely trigger something far worse than high prices. Here’s what he likes today Some say cash is kin...
Jim Cramer believes that the market will soon bounce. Here’s what he likes to ‘protect you’ while the Fed keeps tightening
‘I’m betting the second half turns out better’: Jim Cramer believes that the market will soon bounce. Here’s what he likes to ‘protect you’ while the Fed keeps tightening The S&P 500 has plunged n...
A Double-Dip Recession Is Coming. It Will Be Worse if the Fed Caves on Inflation
A double-dip recession like the one experienced in the early 1980s is likely, writes Robert Heller. Above, a line of people waiting to apply for jobs at a hotel in Tampa Bay, Fla., in 1982. AP/Shutter...