(Bloomberg) — US equities may see more losses before the Federal Reserve signals end to monetary tightening, according to Goldman Sachs Group Inc. and Bank of America Corp. strategists. Most Rea...
Tag: Fed
Fed report shows 12% of Americans invested in crypto in 2020
The level of cryptocurrency adoption in the United States has grown significantly over the past two years. Americans have learned how to invest in crypto and use these assets for their daily needs, su...
Fed report finds 46% of American crypto holders earn over $100k
Despite a few snags, the digital asset industry has exploded in recent years, especially with regard to adoption. Investors, traders, and notable financial organizations all over the world have recogn...
Bill Ackman says a more aggressive Fed or market collapse are the only ways to stop this inflation
Billionaire hedge fund manager Bill Ackman said raging inflation will only dissipate if the Federal Reserve acts more aggressively or the market sell-off turns into a full-on collapse. “There is...
Fed report shows crypto is favored as an investment tool
The Federal Reserve has issued its annual report examining the financial lives of US residents, and it indicates Americans are more likely to use cryptocurrency as an investment tool than a purchasing...
FED survey highlights this ‘concerning’ gap regarding crypto as the U.S. adults…
The digital asset sector, despite several hiccups, has boomed in the last few years, especially in terms of adoption. Across the globe, investors, traders, and renowned financial institutions have ack...
levels to watch with the Fed meeting minutes in focus
Gold price is in the green for the fifth consecutive session amid the pullback in the US dollar. Even so, its gains will likely be curbed in the short term by a strong US dollar and high Treasury yiel...
A Fed report explains crypto investment habits
The Fed’s ninth periodic report, made on a sample of 11,000 Americans, highlights some very interesting aspects, such as the different habits when approaching the crypto world. Fed report: how Americ...
Fed report finds most Americans who own crypto tend to be high income hodlers
The United States Federal Reserve Board has included data on cryptocurrency in its new Economic Well-Being of U.S. Households in the 2021 report. The Fed’s ninth annual report looked at survey results...
13% of Unbanked Americans Haved Used Cryptocurrency For Payments And Transfers, FED Survey Finds
Cryptocurrencies have become a relevant topic for the FED. Ths is the first time they are included in one of its surveys to better understand adult consumers’ experiences with emerging payment. On May...
Fed Report: 12% Of American Adults Invested In Crypto In 2021
The Fed Reserve has released its annual study on Americans’ financial life, and it shows that they are more likely to utilize cryptocurrency as an investing tool than as a means of payment. Fed Report...
Fed Facility Tops $2 Trillion as Investors Scramble to Park Cash
(Bloomberg) — The amount of money parked at a major Federal Reserve facility climbed to yet another all-time high, surpassing the $2 trillion milestone for the first time, as investors struggled...
Wall Street Says a Fed Digital Dollar Spells Destruction for Banks
The Fed board has been weighing the logic of introducing a digital dollar, though officials have been careful to remain neutral and suggest that any plan should have the backing of Congress and the ad...
12% of American Adults Used Crypto in 2021: Fed Report
Key Takeaways A new Federal Reserve report has found that 12% of the U.S adult population was using or holding crypto last year. While most crypto investors tended to enjoy higher net income, the 3% o...
Fed Up, Congress Considers Giving Coast Guard The Navy’s Small Ship Funding
The U.S. Coast Guard’s smallest cutters are forward deployed and ranging into strategic waters. MediaNews Group via Getty Images As the U.S. Navy continues a long, forty-year trend of moving awa...
Biden Adviser Says US Economy Can Withstand Fed Inflation Fight
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg White House economic adviser Brian Deese stopped short of ...
Bitcoin Spikes After Fed Says It Won’t Hike Rates That Much
The bitcoin price has been going through some tough times in the month of May. The currency has been trading in the high $30,000 range after several market factors – including rumors that the Fed was ...
Following Crypto Meltdown, Bill Eyes to Prevent Bitcoin Retirement Accounts From Fed Ban
Following the crypto meltdown last week, a group of Republicans in Congress has proposed a bill that would protect the right of investors to add Bitcoin to 401(k) retirement plans. The bill, if ...
House Republicans seek more analysis on a possible US CBDC in letter to the Fed
Republican members of the US House Committee on Financial Services have sent a letter to Federal Reserve Chair Jerome Powell outlining the tasks they see as most salient in the path toward a central b...
Nomura now expects the Fed to hike interest rates by 75 points in June and July — here are 3 stocks to help protect your wealth this summer
Nomura now expects the Fed to hike interest rates by 75 points in June and July — here are 3 stocks to help protect your wealth this summer The Federal Reserve has voiced its desire to calm spiking in...
The S&P 500 Enters A Bear Market, Now What?
Traders work on the floor of the Dow Industrial Average at the New York Stock Exchange on May 29, … [+] 2018 in New York. – US stocks retreated early Tuesday, following European markets lo...
Biden’s pick for Fed vice chair for supervision calls for congressional action on stablecoins
Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s pick for vice chair for supervision at the Federal Reserve, called for U.S. law...
Fed to Plow Ahead on Half-Point Hikes, Undeterred by Stock Slump
(Bloomberg) — Don’t count on Federal Reserve Chair Jerome Powell to ride to the rescue of a faltering stock market — at least not yet. Most Read from Bloomberg Kansas City Fed President Es...
Crypto would see tough times because of FED
Bank of England’s deputy governor for monetary stability, Sir Jon Cunliffe, has warned of hardship ahead for cryptocurrency investors because the Federal Reserve System and different central banks tig...
Fed Vice Chair Pick and Ex-Ripple Adviser Tells Senators Crypto Needs Regulation
Michael Barr, a former Ripple adviser nominated by President Joe Biden to run the Federal Reserve’s oversight of the U.S. financial sector, sees cryptocurrency technology offering “some potential for ...
Why Financial Markets Are Struggling
Close up of golden Bull and Bear standing on a Stock Market Newspaper getty U.S. stock markets continue to struggle amid Fed policy shift, inflation worries, and recession risk. Will inflation persist...
Crypto And Stock Market Doom Loop: Can It Be Avoided?
getty getty Bitcoin BTC has crashed but it still has a way to go, in my world anyway. Here is the chart: Bitcoin has crashed but it still has a way to go Credit: ADVFN Now bitcoin might zoom but if it...
The Bitcoin And Ethereum Crash, Nasdaq Crash And 3 Unbelievable Charts
getty getty I believe every generation has its rock and roll. For old Boomers it was rock and roll, for young Boomers and GenX it was computers, then the next generation got Nintendo, then it was the ...
Fed isn’t focused on impact of rates on stocks, Esther George Says
Kansas City Federal Reserve President Esther George said Thursday that higher interest rates are needed now to bring down inflation and policymakers are not focused on the impact that is having on the...
Elon Musk Bites The Hand That Fed Him By Bashing California And Democrats
Elon Musk moved to Texas and now appears to embrace the politics of the Republic Party and Texas Governor Greg Abbott Getty In the weeks since Tesla CEO Elon Musk began his gambit to acquire Twitter, ...
Next big shoe to drop in financial markets: Inflation that fails to respond to Fed rate hikes
Traders, investors and strategists are adding one more factor to the list of reasons why financial markets may be in for more volatility through at least the next three to four months: the likelihood ...
Inflation may be a lot lower than anyone thinks — even the Fed
U.S. inflation in April plunged to an annualized rate of 4.1% — less than half of where it stood in the prior month. This will no doubt come as a surprise for those of you who focus only on the financ...