A hotter-than-expected read on inflation is testing the Federal Reserve’s resolve on the pace of its planned interest rate increases. In the face of inflation rising at a pace unseen since the 1980s, ...
Tag: Fed
China Stocks Drop In U.S. Ahead Of Fed Action On Inflation; Alibaba, BiliBili Plunge 10%
It was a rough day for U.S. investors in China stocks. (Photo by Noam Galai/Getty Images) Getty Images Shares in many of China’s best-known companies plunged on the Nasdaq and New York Stock Exchange ...
Hawkish Fed Rhetoric Drives $102M in Crypto Product Outflows
Hawkish rhetoric from the US Federal Reserve led to consistent daily outflows last week, amounting to $102 million. The “crypto winter” experienced over the past six months by Bitcoin and the larger c...
When will inflation peak and what to expect from the Fed this week?
U.S. equities closed more than 3.0% down on Monday after a hotter-than-expected monthly reading for CPI last week. How much longer before inflation peaks? Still, NatWest Markets’ Michelle Girard...
Recent CPI Spike Creates Outside Chance Of Triple Fed Hike On Wednesday
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...
Traders Supercharge Selloff on Bets for Supersized Fed Hikes
(Bloomberg) — “Sell everything but the dollar” is resounding across trading desks as investors reprice the risk that the Federal Reserve hikes rates more aggressively than previously thought. Mo...
A Fed Rate Hike of 75 Basis Points Is a Done Deal for Traders
(Bloomberg) — Traders are betting the Federal Reserve will raise rates by three quarters of a percentage point at least once in its next three meetings to cool the hottest inflation in four deca...
Bitcoin Slips Below $25,000 as Celsius and Fed Batter Confidence
Text size Bitcoin has been hurt by a loss of confidence sparked by interest-rate hikes and problems at Celsius, one of the biggest crypto lenders. Paul Yeung/Bloomberg Bitcoin, the largest cryptocurre...
US Mortgage Rates Jump on Fed Rate Hike Expectations
In the week ending June 9, mortgage rates rose for the first time in four weeks. 30-year fixed rates jumped by 14 basis points to 5.23%. 30-year fixed rates had slipped by one basis point in the week ...
Treasury Two-Year Yield Surges as CPI Shock Spurs Fed Repricing
(Bloomberg) — Yields on benchmark Treasury two-year notes surged again Monday as Friday’s US inflation surprise spurred investors to price in more aggressive Federal Reserve rate hikes. Most Rea...
U.S. Stocks Poised to Open Lower on Monday Ahead of Fed Week
Stocks are poised to open lower on Monday. (Photo by Spencer Platt/Getty Images) Getty Images Text size U.S. stocks were poised for a lower opening on Monday ahead of the Federal Reserve’s decision on...
levels to watch with Fed interest rate decision in focus
Gold price ended the week in the green after US inflation data boosted its viability as a hedge against inflation. Even so, a strong US dollar and rising Treasury yields will likely curb its gains in ...
Economy Week Ahead: Fed, Other Central Banks in Focus
The Federal Reserve’s policy meeting highlights this week’s slate of economic news. Wednesday China’s economic activity showed some signs of recovery in May, albeit at a slow pace, as Beijing, Shangha...
The Fed Trap – Trustnodes
The value of every asset is falling, including the value of the dollar which is being eaten up by inflation. So are investors trapped, with no escape, as even the value of fixed assets like bitcoin fa...
Powell’s Fed Rate-Hike Plans Get Jolted by Inflation: Eco Week
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Jerome Powell could deliver a hawkish surprise on Wednesda...
Treasuries Dare Fed to Step Up Hikes or Risk Inflation Defeat
(Bloomberg) — Treasury traders are throwing down the gauntlet to a Federal Reserve that’s fallen further behind in its fight to cool the hottest inflation in four decades. Most Read from Bloombe...
Inflation is Hot and Stocks Are Cold. Now the Fed Needs to Rethink Its Rosy Projections.
Text size As the Federal Reserve’s rate-setting committee meets this coming week, it will have to confront the challenge of controlling higher-than-anticipated Inflation, driven by rising food and fue...
Stock Markets Falls On Highest Inflation In 40 Years; Fed Expected To Raise Rates Even Further
The stock market closed sharply lower on Friday as inflation hit its highest level in 40 years, signaling the Federal Reserve is likely to increase rates even further through September. X The S&P ...
Treasury Yields Surge by Most in 13 Years as Fed Path Repriced
(Bloomberg) — US Treasuries tumbled, sending 2-year yields surging by the most since 2009, after an unexpected jump in inflation increased speculation the Federal Reserve will need to raise inte...
Larry Summers Says Fed Forecasts Look Ridiculous, Warns on Rate Delay
(Bloomberg) — Former Treasury Secretary Lawrence Summers said the Federal Reserve has failed to account for its mistakes and to realize the damage to its credibility after the latest inflation d...
US Inflation Quickens to 40-Year High, Pressuring Fed and Biden
(Bloomberg) — US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an ...
CPI Inflation Rate Shock Jolts Fed Policy Outlook; Dow Jones Tumbles
The consumer price index came in hotter than expected in May, as the CPI inflation rate eclipsed March’s 40-year peak. Following Thursday’s stock market rout, the Dow Jones fell sharply a...
Druckenmiller Warns ‘Bear Market Has a Ways to Run’ as Fed Hikes Rates
(Bloomberg) — Stanley Druckenmiller has a warning for Wall Street: The sharp decline in the stock market isn’t over just yet. Most Read from Bloomberg Story continues “My best guess is that we’r...
A chief investment officer at Ray Dalio’s Bridgewater says stocks will crash another 25% if Fed stays on its current course
If the Federal Reserve stays on its current course of major interest rate hikes, stocks may drop another 25%, according to a top executive at Ray Dalio’s Bridgewater Associates hedge fund. Bridgewater...
Crypto Bank Sues Fed Over 19 Months Delay In Processing Application
Custodia is a digital asset bank located in Wyoming and founded by former Morgan Stanley managing director Caitlin Long. The crypto bank filed a lawsuit against the Federal Reserve Board of Governors ...
This investing veteran says hot inflation and a tight Fed call for a shift in strategies. He likes 3 specific areas for protection
‘The tide has changed’: This investing veteran says hot inflation and a tight Fed call for a shift in strategies. He likes 3 specific areas for protection 2022 continues to give growth sto...
Best BDC Stock For Rising Rates In 2022
Caution Sign – Higher Interest Rates Ahead getty What’s better than a 9.3% dividend stock? How about one that’s poised to pop as interest rates rise? Business development companies, or BDCs for ...
Caitlin Long’s Crypto Bank Custodia Sues Fed Over ‘Master Account’ Delays
Custodia, the crypto bank founded by former Morgan Stanley managing director Caitlin Long, today sued the Federal Reserve for what it claims has been a “patently unlawful delay” in reviewi...
Custodia Bank sues the Fed- The Cryptonomist
Custodia has sued the Fed’s Board of Governors and the Federal Reserve Bank of Kansas City, accusing them of “illegally” delaying the opening of an account by 19 months. Custodia, the bank for digital...
Crypto bank Custodia sues the Fed over 19 month delay on account approval
Wyoming based digital asset bank Custodia is suing the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City, claiming an “unlawful delay” in processing an application for its...
Do NOT Buy Stocks Now
Pink Piggy Bank with Heart Shaped Eyes getty Here’s some advice you might be surprised to hear from an investment-newsletter writer: Do NOT buy stocks right now. That is, unless you can answer an emph...