Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open … [+] Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Feb. 1, 2023. The ...
Tag: Fed
Economist Peter Schiff Warns the Fed Could Be Fighting ‘Complete Economic Collapse’ – Economics Bitcoin News
Economist Peter Schiff has predicted that the U.S. Federal Reserve will ultimately throw in the towel on its inflation fight to confront “something it fears even more, which is a complete economic col...
Stocks Post Subpar February Amid Fears Of Higher Interest Rates And Weak Earnings
Topline Major stock indexes fell this month as Wall Street digested the latest round of corporate earnings and reacted to growing expectations the Federal Reserve may hike interest rates higher than a...
Richmond Fed manufacturing index analysis: Shipments decline to near 3-year lows
The Richmond Fed released its survey of manufacturing activity for February which reported a decline to -16 from -11 in January 2023. The reading severely underperformed market expectations of -5, sug...
Stocks Poised For Losing February As Bank Of America Warns Fed Could Raise Rates To Nearly 6%
Topline Major stock indexes fell in February as Wall Street digested the latest round of corporate earnings and reacted to growing expectations the Federal Reserve may hike interest rates higher than ...
Non-Professional Investors Predict A Recession. What’s Your Forecast?
The Eccles Building, location of the Board of Governors of the Federal Reserve System and of the … [+] Federal Open Market Committee. (Photo by Brooks Kraft/ Getty Images) Getty Images “Think of...
The Fed Rejects Custodia Bank’s Membership Application
Custodia Bank, a bank that deals in cryptocurrencies, asked the United States Federal Reserve to reconsider its membership application to the Federal Reserve System. However, the United States Federal...
BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency – The Weekly Bitcoin News
In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate...
A One-Way Market Foils Stock Pickers as Fed Trounces Everything
(Bloomberg) — Stock pickers who successfully navigated the 2022 bear market are having a harder time making it through the 2023 faltering recovery. Most Read from Bloomberg First, an unexpected ...
C’mon Fed – Stop Calling Negative Real Rates Tightening
Federal Reserve Board Chairman Jerome Powell speaks at The Economic Club of Washington, D.C. on … [+] February 7, 2023 (Photo by Julia Nikhinson/Getty Images) Getty Images The FOMC (Federal Rese...
What To Expect From The Fed’s March Meeting
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a … [+] Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Feb. 1, 202...
What The Price Charts Reveal Now
Inflation, stocks getty When the inflation readings show increased inflation, that means the Fed may want to battle it by taking interest rates higher and for longer than previously thought. Those rea...
Fed Increases Focus on Crypto, Alerts Banks to Liquidity Risk
Continuing its increased scrutiny of the cryptocurrency industry, the U.S. Federal Reserve released a new statement on Thursday reminding banks of the risks inherent in dealing in cryptocurrency and r...
U.S Fed Issues Warnings to Banks Over Dangers of Crypto Association
38 seconds ago | 2 mins read Bitcoin News The Fed has warned about the stress and panic that can occur in the crypto market. The statement warned that banks face greater risks of running dry of cash. ...
The Fed is gearing up for a longer-than-expected inflation fight
Two Federal Reserve officials suggested Friday morning that inflation could persist longer than thought after the central bank’s most closely watched inflation gauge surged by the most in months...
US Federal Reserve denies Custodia Bank’s request for Fed supervision
The United States Federal Reserve has denied a request from cryptocurrency bank Custodia Bank to reconsider its membership application to the Federal Reserve System, while a district court has allowed...
El-Erian Says Market Doubts Fed Can Hit Its 2% Inflation Target
(Bloomberg) — Mohamed El-Erian says the financial markets are starting to doubt whether the Federal Reserve can bring inflation down to its 2% target. Most Read from Bloomberg El-Erian, the chai...
Rate Hikes Will Continue but Peak This Year, Fed Minutes Show
Crypto faltered and stocks traded sideways after Federal Reserve minutes revealed the central bank has more room to hike interest rates to combat rampant inflation. “All participants” see intere...
Rep. Tom Emmer Says Fed Must Not Create Digital Currency ‘Surveillance State’
Republican House Majority Whip Tom Emmer (R-MN) introduced legislation Wednesday seeking to bar the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals, which h...
Fed’s Preferred Inflation Measure Supports Further Rate Hikes
File – Federal Reserve chairman Jerome Powell speaks during a news conference, Wednesday, Feb. 1, … [+] 2023, at the Federal Reserve Board in Washington. On Wednesday, the Federal Reserve ...
Dow Falls 400 Points As Surprisingly Hot Inflation Data Threatens More Aggressive Fed Policy
Topline The stock market resumed a recent sell-off on Friday after the Federal Reserve’s most closely watched inflation indicator came in hotter than expected—adding to a slew of recent data poi...
Fed can’t tame inflation without more rate hikes, paper says
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. ...
Key Fed inflation measure rose 0.6% in January, more than expected
A measure the Federal Reserve watches closely to gauge inflation rose more than expected in January, indicating the central bank has more work to do to bring down prices. The personal consumption expe...
Fed Hikes May Put More Pressure On U.S. House Prices
Residential homes in Teaneck, New Jersey, US, on Thursday, Nov. 24, 2022. Real estate agents … [+] struggle to find listings as deals decline, mortgage rates remain high and signs point to leane...
Investors Are Dumping Equities and Cash Amid Fears of Hawkish Fed, BofA Says
(Bloomberg) — Investors are dumping equities and cash alike in favor of bonds as they position for the risk that the Federal Reserve persists with hawkish policy moves, Bank of America Corp. str...
US Fed Issues Warning to Banks on Crypto Liquidity Risks
Cryptocurrency regulatory scrutiny from United States financial authorities has increased recently, fueled by the Terra Luna UST and FTX collapse last year. With the motive of widening the use of the ...
The Fed, FDIC, and OCC Warn Banks of Crypto Risks
US banking regulators have issued a new warning to banks to monitor for potential liquidity risks from clients involved in crypto. The Federal Reserve, Federal Deposit Insurance Corporation, and the O...
The bond market’s worst-case scenario isn’t a Fed rate of 6%. It’s this.
A doomsday scenario for bonds in 2023 wouldn’t be the fed-funds rate reaching 6% by July. A bigger worry would be if U.S. inflation that’s been slow to retreat starts heading higher annually, said Jas...
Bitcoin Price Doesn’t Care About Macro News: NY Fed Economists
The Federal Reserve Bank of New York led a study that examined the relationship between bitcoin and macroeconomic data, finding that the two barely have a link. “The key result is that, unlike other U...
ETH, BTC Rebound Following Fed Minutes – Market Updates Bitcoin News
Ethereum rebounded on Feb. 23, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. The minutes showed that the Fed hinted at maintaining its current policy until further sig...