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...
Tag: Fed
Mike Novogratz: Bitcoin Will ‘Lead the Markets’ in Recovery From Fed Rate Hike
Mike Novogratz, founder of the asset management firm Galaxy Digital, expects Bitcoin to “lead” a new rally once the U.S. Federal Reserve reconsiders its latest decision to hike interest ra...
Bitcoin Remains Steady as Fed Announces Biggest Rate Hike Since 1994
Alex Dovbnya Bitcoin briefly spiked 4% on the news only to instantly give up those gains The U.S. Federal Reserve has hiked the benchmark interest rate by 75 basis points, which marks the biggest incr...
It Is Time To Rethink Central Banking
A patriotic Uncle Sam character holding a large green blank check, looking at the camera. He is … [+] wearing a red, white and blue coat and top hat that has a blue ban and white star while stan...
Fed to Lose Money Next Year as It Raises Rates, Dudley Says
(Bloomberg) — The Federal Reserve looks on course to lose money next year as it raises short-term interest rates to try to rein in inflation, according to former New York Fed President William D...
Position your portfolio for a Fed win and avoid these three market mindsets, Jim Cramer says
CNBC’s Jim Cramer told investors on Thursday that there are four camps of thinking in the current market but only one worth listening to: the one that stays in the market and bets on the Federal Reser...
Bitcoin Bounces as Fed Drops Biggest Interest Rate Hike Since 1994
Bitcoin’s price was again tested on Wednesday, dropping close to $20,000 per coin before recovering to around $22,000 after the Federal Reserve announced it would continue to raise interest rates. Th...
Mortgage Rates Surge The Most In 35 Years As Fed Hits Home Buyers
U.S. mortgage rates surged the most in more than 36 years this week, data from Freddie Mac indicated Thursday, as house buying costs continue to track the Federal Reserve’s interest rate path am...
Henry McVey on inflation: ‘there are things the Fed can’t control’
Inflation will be “stickier for longer” because there are things the “Fed can’t control”, says Henry McVey. He’s the Chief Investment Officer at KKR Balance Sheet. ...
Here’s the comment from Powell that could make it hard for the Fed to slow down the pace of interest-rate hikes
The Friday before the Federal Reserve’s interest-rate decision will be most remembered for the surprise acceleration in consumer prices, which took inflation to a fresh 40-year high. But there was ano...
FED Is Forcing The Market To ‘Flush-Out’ The Froth
“What the Fed is forcing the markets to do is flush out all areas of froth.” iCapital Chief Investment Strategist Anastasia Amoroso explained on Yahoo news that it doesn’t mean that all of the crypto ...
Dow Plunges 700 Points As Fed Rally Evaporates Amid Fears That A Recession Is ‘Inevitable’
Topline Markets tanked on Thursday as recession fears surged once again, with stocks reversing gains from the previous session when the Federal Reserve announced it would hike rates by 75-basis-points...
Fed ‘not trying to induce a recession’ with interest rate hikes
Federal Reserve Chairman Jerome Powell said Wednesday that the central bank hopes to avoid a recession after ratcheting up its pace of interest rate hikes. “We’re not trying to induce a recession now,...
BTC Moves Away From $20,000 Following Historic Fed Rate Hike – Market Updates Bitcoin News
Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in the United States rose to a 44-year high of 8.6% last month, the...
Millionaire fear Fed can’t tame inflation and stave off recession
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 9, 2022. Brendan Mcdermid | Reuters American millionaires are raising cash in response to lingering inflati...
Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
Global financial markets were squarely focused on the U.S. Federal Reserve and its decision to raise interest rates by 75 basis points on June 15, the largest increase in 28 years as the central bank ...
The Fed opts for a 75 basis point rate hike
Last night, the US central bank opted for a record 75 basis point rate hike. Another rate hike by the Fed, this time more significant The collapse of the crypto market was partly influenced by this ra...
Should you buy the US dollar amid the Fed delivering a 75bp rate hike?
2022 appears to be the year of historic central banks’ decisions. After the European Central Bank (ECB) faced a daunting task last week, it followed up with an emergency meeting yesterday. But markets...
Bitcoin Dips, Recovers As Fed Unleashes Biggest Rate Bump In 28 Years
The Federal Reserve of the United States increased interest rates by 0.75 percent on Thursday, the single biggest increase in three decades. However, the central bank has indicated that additional inc...
Bitcoin Volatility Skyrockets as Fed Announces 75 Basis Point Rate Hike
It gets crazier: Bitcoin fluctuated massively on Wednesday after the Federal Reserve announced an interest rate hike of 75 basis points. That’s the highest hike the central bank has attempted since 19...
Fed hikes interest rate by 75 basis points; Bitcoin continues to trade above $20,000
? Want to work with us? CryptoSlate is hiring for a handful of positions! The Federal Open Market Committee has raised interest rates by 75 basis points, increasing the primary credit rate to 1.75%. T...
Dow Jones Futures: Why Stocks Rallied On Big Fed Rate Hike; What To Do Now
Dow Jones futures rose solidly overnight, along with S&P 500 futures and Nasdaq futures. The stock market wobbled Wednesday after the Federal Reserve raised interest rates by the most since 1994, ...
Stocks snap 5-day losing streak after Fed raises rates by most since 1994
U.S. stocks jumped Wednesday afternoon as investors considered the Federal Reserve’s latest monetary policy decision. In this, the central bank hiked interest rates 75 basis points, or the most ...
What the Fed Rate Hike Means for Your Savings, Credit Cards and Loans
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Fed sees inflation topping 5% in 2022 and then falling rapidly due to higher rates
The Federal Reserve on Wednesday predicted U.S. inflation would exceed 5% by the end of 2022 — much higher than its most recent forecasts — underscoring its more aggressive strategy in raising interes...
Fed raised rates by 75 bps: ‘they’re responding to backward-looking indicator’
The S&P 500 index is up nearly 3.0% on Wednesday after the U.S. Federal Reserve announced its biggest rate hike since 1994. A brief recap of the FOMC meeting Benchmark interest rates raised by 75 ...
Fed interest rate announcement highlights: largest rate hike since 1994, inflation to reach 2.2% in late 2024
In its much-anticipated June meeting, the Federal Reserve raised policy rates by 75 bps, which was above the stated 50 bps hike, to the range of 1.5% – 1.75%. The Federal Open Market Committee’s (FOMC...
Dow Jumps 300 Points After Powell Says Fed Could Hike Rates By 75 Basis Points Again In July
Topline The stock market moved higher on Wednesday after the Federal Reserve raised interest rates by 75 basis points—the largest increase in 28 years, while Fed Chair Jerome Powell also signaled that...
Powell says Fed could hike rates by 0.75 percentage point in July
Federal Reserve Chair Jerome Powell. Xinhua News Agency | Xinhua News Agency | Getty Images Federal Reserve Chair Jerome Powell said Wednesday the central bank could raise interest rates by a similar ...
Crypto Market In Panic Ahead Of FED Meeting, Will It See Relief?
The crypto market could face more volatility during today’s trading session. The U.S. Federal Reserve is set to host its Federal Open Market Committee (FOMC) meeting and possibly announce a hardline a...
Fed Makes Unusually Large Rate Hike, Expects Rates Over 3% By Year End
Jerome Powell, chairman of the US Federal Reserve, following a ceremony in Washington, D.C., US, on … [+] Monday, May 23, 2022. The Senate this month voted to confirm Powell for a second four-ye...
These 16 stocks in the S&P 500 crumpled at least 9% a day after the Fed raised rates
One day after U.S. stocks got a reprieve as the Federal Reserve lifted its target range for short-term interest rates by 0.75 percentage point, inflation fears built a new wall of worry to send U.S. s...