(Bloomberg) — US equity-index futures rose as investors grew confident the Federal Reserve’s peak interest rate would be within levels already priced in by markets. Most Read from Bloomberg Cont...
Tag: Fed
Bill Vs. CBDC – Why This US Congressman Wants To Block The Fed From Issuing A Digital Dollar
Some US congressmen have expressed concerns or opposition to the idea of a Central Bank Digital Currency, or CBDC, being pushed by the US Federal Reserve. One of them is Rep. Tom Emmer (R-Minnesota),...
Fed minutes do little to shake crypto markets with BTC down 2.7%
Ad Fed minutes in-brief: 2% targeted inflation Low unemployment, 3.5% Fed funds target rate, 4.5% to 4.75%. Debate among meeting participants whether to raise interest rates by 50 basis points BTC rem...
6-month T-bill rate rises to nearly 16-year high after release of Fed minutes
The yield on the 6-month T-bill rose to an almost 16-year high on Wednesday after minutes from the Federal Reserve’s last meeting indicated that all policy makers wanted to keep hiking interest rates....
S&P 500, Dow fall after Fed minutes signal continued rate hikes
U.S. stocks closed mixed after choppy trading Wednesday as investors pored over minutes from the Federal Reserve’s last meeting earlier this month for clues on its next move. The latest readout ...
We’re in danger of falling into 1970s-style inflation without aggressive interest rate hikes, according to a top Fed official
A “blowout jobs report” pushed the unemployment rate to a 53-year low of 3.4% in January, and despite persistent inflation, consumers keep fueling the economy with robust spending. Normally, that woul...
Fed Wants ‘Substantially’ Lower Inflation Before Easing Interest Rates—And Some Officials Backed More Aggressive Hikes
Topline With inflation continuing to run hotter than expected, the Federal Reserve is showing no signs of backing down on its aggressive monetary policy, according to notes from the Fed’s policy...
These 3 Just Hit New Highs
Inflation, food getty Levels of food price inflation continue higher as the Fed considers taming the phenomenon through the use of higher interest rates for longer periods of time. In the meantime, ce...
Minutes show Fed members resolved to keep fighting inflation
Federal Reserve officials at their most recent meeting indicated that there are signs inflation is coming down, but not enough to counter the need for more interest rate increases, meeting minutes rel...
Dow Jones Reverses Ahead Of Fed Minutes; Baidu Surges On Earnings; Nvidia Earnings Next
The Dow Jones Industrial Average reversed lower Wednesday morning with minutes from the Federal Reserve’s latest policy meeting due later in the day. Chinese internet giant Baidu (BIDU) briefly ...
Bitcoin, crypto prices sink for second day; Coinbase down as markets look to Fed minutes
Cryptocurrency and stocks dipped as the focus turned to the release of the U.S. Federal Reserve’s January meeting minutes later today. Bitcoin was trading at $23,700 by 11.20 a.m. EST, do...
US Representative Tom Emmer Introduces Legislation to Limit Fed
Tom Emmer, a representative for Minnesota in the United States House of Representatives, has proposed a piece of legislation that, if passed, would prevent the Federal Reserve from launching a central...
Crypto Bank Custodia Sees Its Fed Application Denied
Bitcoin has been incurring some price spikes over the past few weeks that have caused crypto to jump back onto the financial map like it never did in 2022. However, the space has been delivered a blow...
Diverging World – Strong Labour Markets May Force The Fed To Hike Rates Further
NEW YORK – OCTOBER 07: A trader works on the floor of the New York Stock Exchange October 7, 2008 … [+] in New York City. Despite a government debt buyout plan, the Dow continued to fall t...
Bloomberg Analyst Says This Has To Happen for Fed Easing and Sustained Bitcoin Rally
The markets have rallied on the expectations of a Fed pivot, but McGlone expresses skepticism. Bloomberg Intelligence Senior Macro Strategist Mike McGlone has noted that a stock market dump might be n...
Fed Minutes to Show Support Level for Larger Hikes, Higher Peak
(Bloomberg) — Federal Reserve officials could shed light on how many policymakers saw the case for a larger interest-rate increase at their last meeting and whether they anticipated the need to ...
Investors Stung by Treasuries Rout Brace for Next Blow From Fed
(Bloomberg) — A swift reassessment of how high the Federal Reserve will raise interest rates this year has rocked the bond market in recent weeks. Now, the market faces a bigger threat: the grow...
San Francisco Fed Hiring for Digital Currency Development
The Federal Reserve Bank of San Francisco is looking for software developers to help research and design a central bank digital currency (CBDC). One job listing posted to LinkedIn is for a “Senior App...
Israel Surpasses Fed With Bigger Rate Increase Than Forecast
(Bloomberg) — Most Read from Bloomberg Israel extended its longest cycle of monetary tightening in decades, surpassing an interest-rate hike by the US Federal Reserve for the first time since st...
Oil Gains After Weekly Loss as China Recovery Competes With Fed
(Bloomberg) — Oil rose after a weekly loss on hopes that a Chinese demand rebound is picking up pace following the end of Covid Zero, outweighing hawkish signals from the Federal Reserve. Most R...
USD/INR forms ascending triangle amid Fed, RBI divergence
The USD/INR exchange rate is sitting near its all-time high as a divergence between the Reserve Bank of India (RBI) and the Federal Reserve widened. It was trading at 82.67 on Monday, slightly below i...
Dollar Rises, Stocks Face Headwinds From Fed Rates: Markets Wrap
(Bloomberg) — The dollar rose in early trading on Monday, adding to a third week of gains as hawkish comments by Federal Reserve officials and geopolitical tensions bolstered the appeal of the g...
Investors in a Bind as Risk Appetite Slams Into a Resolute Fed
(Bloomberg) — Stock-market investors clamoring for a sense of direction after a month of yo-yo action are bracing for a week chock-full of economic data and Federal Reserve speakers that should ...
Whatever Happens With ‘Inflation,’ Don’t Cheer/Jeer the Fed for the Outcome
It was reported last week that the January Consumer Price Index (CPI) rose .5%, which was up from the previous month. So while the number is falling, some think the .5% jump versus .1% the previous mo...
San Francisco FED is hiring a developer to build a CBDC system
The Federal Reserve (FED) of San Francisco is looking to hire a senior application developer to develop novel systems related to central bank digital currency (CBDC), per a job posting on Feb. 18. San...
Economist Warns the Fed Can’t Reach Inflation Target Without ‘Crushing’ US Economy – Economics Bitcoin News
Economist Mohamed El-Erian, Allianz’s chief economic advisor and chair of Gramercy Funds Management, has warned that the Federal Reserve cannot achieve its 2% inflation target without crushing the U.S...
Fed Swaps Price in March and May Rate Hikes, Expect Peak at 5.3%
(Bloomberg) — Wall Street traders fully priced in quarter-point increases at both of the Federal Reserve’s next two meetings — and a higher eventual peak for interest rates. Most Read from Bloom...
Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes – Economics Bitcoin News
Bank of America, Goldman Sachs, JPMorgan, and UBS have shared their predictions about the Federal Reserve raising interest rates further. Bank of America and Goldman Sachs, for example, now expect the...
Treasury Bills Offer Stock-Like 5% to Take Fed, Debt-Limit Risk
(Bloomberg) — For the first time in nearly two decades, investors can earn more than 5% on some of the safest debt securities in the world. That’s competitive with riskier assets like the S&...
S&P 500 Outlook: Don’t Fight The Fed, But Don’t Fear It Either
In the blink of an eye, the global economy’s most pressing problems have surprisingly gone away. X In October, as the S&P 500 was plumbing bear-market lows, rapid-fire Fed rate hikes and a s...
Sticky inflation opens door to steeper Fed rate hike in March
Pervasive inflation, a hot job market and a resilient consumer have put the option of a half-percentage-point interest rate hike on the table when the Federal Reserve meets at the end of March. In sep...
Opinion: No ‘soft landing’ is in the cards from Fed rate hikes. Look for recession and a buying opportunity once stock prices decline.
Is the bear market of 2022 over? Are we already in the early innings of the next great bull market? The S&P 500 SPX, -0.16% finished 2022 with a 19% decline (its biggest pullback since 2008). Mean...