The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters The Federal Reserve is well on its way to another sharp interest rate hike in July and perhaps Septem...
Tag: Fed
Dow Jones Futures: Fed Minutes Lift Market Rally, Microsoft Makes Key Move; Tesla Rivals Are In Buy Zones
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally rose slightly Wednesday in an up-and-down session as hawkish Fed minutes held few s...
Dow Jones Rallies As Fed Minutes Reveal This; EV Stock Explodes On Guidance; Apple Stock Pops| Investor’s Business Daily
The Dow Jones Industrial Average rallied out of the red after the latest Fed minutes were released. EV stock Rivian (RIVN) soared on guidance even as Tesla (TSLA) fell. Microsoft (MSFT) and Apple (AAP...
Fed conference hears stablecoins may boost USD
The tech of CBDC wasn’t enough to convince some panelists at a Fed conference The panelists agreed that factors such as market and political stability are more crucial for dominant reserve currencies ...
Still No Plan for US Central Bank Digital Currency After Latest Fed Meeting
The U.S. appears to be stalling on developing a central bank digital currency, with policymakers at the Federal Reserve discussing the technology but not revealing whether they’ve made any progress on...
S&P 500, Nasdaq book 3rd day of gains after Fed minutes point to another big rate increase this month to tackle inflation
U.S. stocks end higher Wednesday after minutes of the Federal Reserve’s June policy meeting signaled another big interest rate-hike is likely later this month despite the risk of slowing economic grow...
Fed Minutes Get Released Today. 4 Things to Watch.
Federal Reserve Chairman Jerome Powell in June 2022. Kevin Dietsch/Getty Images Text size When the Federal Reserve releases minutes from its June 14-15 meeting today, investors will get a deeper look ...
Fed Minutes Could Bolster Bets for 75 Basis-Point Hike in July
(Bloomberg) — The Federal Reserve will unveil details of what policy makers debated last month that may shed light on how they view the near-term path for interest rates amid surging inflation a...
Big Boost For Cryptocurrencies As US Fed Panel Gives Its Nod
In a surprising development, a panel of speakers hosted by the U.S. Federal Reserve had on Tuesday gave a big boost for the cause of cryptocurrencies. They recommended that crypto assets be allowed to...
Fed conference hears stablecoins may boost USD as global reserve currency
A note published by the United States Federal Reserve on a recently held conference found a majority of exports believe a U.S. dollar central bank digital currency (CBDC) would not drastically change ...
S&P 500 futures rise slightly after a late day rally and ahead of Fed minutes
Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE U.S. equities futures were slightly higher Tuesday night after the market staged a big midday reversal, with falling bo...
Traders Looking to Get Ahead of Fed Again Now Foresee Rate Cuts
(Bloomberg) — Signs of a rapidly deteriorating US economic outlook have spurred bond traders to pencil in a complete policy turnaround by the Federal Reserve in the coming year, with interest-ra...
Fed Pivot in September Floated by Strategists as Possible Stock-Market Savior
(Bloomberg) — Respite for the battered US stock market may be just a couple of Federal Reserve policy meetings away. Most Read from Bloomberg That’s the scenario laid out by strategists includin...
The 60-40 portfolio is supposed to protect investors from volatility: so why is it having such a bad year?
The first half of 2022 has been a historically bad stretch for markets, and the carnage hasn’t been limited to stocks. As stocks and bonds have sold off in tandem, investors who for years have relied ...
Wyoming Crypto Bank Custodia to File Suit Against the Fed
Custodia, a bitcoin bank, is filing a lawsuit against the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City. The entity claims that both organizations have “unlawfully” de...
Fed alerts about Inflation: Bitcoin plunges to $19K
After central bankers repeated their inflation worries at the European Central Bank’s annual event on Wednesday, bitcoin slid around $19,000 throughout the Asian afternoon. US equity market futu...
Bond market prices in Fed U-turn as recession risks rise
The Federal Reserve has made clear it wants to raise interest rates to lower inflation without triggering large-scale job losses. But a rally in the bond market this week shows investors doubting the ...
Are We Already In A Recession? Yes, According To Fed Indicator With ‘Excellent’ Track Record
Topline A highly watched economic indicator with a good track record in predicting recessions cut its forecast for second-quarter gross domestic product growth this week, implying the nation has falle...
No Soft Landing, No Return to Normal for US Economy, Says Fed
Jerome Powell, the Chairman of The Federal Reserve, has conceded that a so-called “soft landing” for the U.S. economy is something he cannot guarantee. Powell went on to say that the COVID-19 pandemic...
U.S. Recession Already Six Months Old, Says Fed Model
NEW YORK, NEW YORK – JUNE 14: Traders work on the floor of the New York Stock Exchange (NYSE) on … [+] June 14, 2022 in New York City. The Dow was up in morning trading following a drop on...
The Latest Inflation Data Is (Mildly) Good News for the Fed
Fed chief Jerome Powell, shown testifying before a House panel last week, may not have to raise rates as aggressively at coming meetings as some inflation data are showing signs of peaking. Win McName...
Crypto Market Can Slump More; Pantera Capital CEO Blames Fed
Dan Morehead, CEO of Pantera Capital has come forward to call out U.S. Federal Reserve for building a huge tragedy for the global cryptocurrency industry. He mentioned that Fed has created a self-infl...
Fed Announces Inflation Warnings As Bitcoin Whales Remain In Wait Mode
Over the past few hours, the price of bitcoin has deviated from a key level of support and fallen below $19,000. The transaction history reveals that many addresses purchased Bitcoin for more than $20...
Lee Reiners, Former Fed Regulator Calls for Crypto Ban
On Tuesday, the majority of the leading cryptocurrencies traded at low prices as the market valuation of all cryptocurrencies fell below $900 billion, down by almost 5 percent in the day. On Wednesday...
Michael Burry Identifies ‘Bullwhip Effect’ in Retail, Could the Fed Reverse Course?
Michael Burry, the investor played by Christian Bale in “The Big Short,” has identified a “bullwhip effect” in the retail sector. If Burry is correct the effect may yet cause The Federal Reserve (FED)...
Powell Says Fed Can Avert Recession But Task Getting Tougher
(Bloomberg) — Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though tha...
Watch Fed Chair Powell talk live about the economy, interest rates at ECB forum
[The stream is slated to start at 9 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Wednesday to a European Central Bank ...
Expert Sees Fed Reversing Interest Rate Hikes, How Will It Affect Crypto?
Michael Burry, the hedge fund manager who famously shorted the 2008 subprime mortgage crisis, predicts that the economic repercussions of the Federal Reserve’s rate hikes may see the bank reversing it...
Fund legend Rick Rule says the Fed won’t keep hiking rates aggressively to prevent ‘amazing damage.’ Here are 3 spots he likes for your money
‘They’ll chicken out’: Fund legend Rick Rule says the Fed won’t keep hiking rates aggressively to prevent ‘amazing damage.’ Here are 3 spots he likes for your money The Fed is raising interest rates a...
Cathie Wood Claims Economy Already In A Recession—Warns Inflation And Inventories Pose ‘Big Problem’
Topline High-profile stock picker Cathie Wood conceded to being wrong about the duration of high inflation that’s contributed to her fund’s steep decline this year while doubling down on h...