Alex Dovbnya Michael Barr’s role at controversial company could attract additional scrutiny from the progressive wing of the Democratic Party Michael Barr, former advisor at blockchain company R...
Tag: Fed
‘Big Short’ Investor Michael Burry Says ‘the Fed Has No Intention of Fighting Inflation’ – Bitcoin News
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that the Federal Reserve “has no intention of fighting inflation.” He added that the Fed’s “Serial half-point hi...
Euro drops sharply as Lagarde says the ECB is not where the Fed is
Today’s European Central Bank (ECB) meeting was long-awaited by euro traders looking for clues as to where the monetary policy in the euro area will go next. The ECB faces a tough choice, and it is in...
Mark Yusko explains the real problem with Fed policy — and why Bitcoin matters
Inflation is front-page news again after the Labor Department revealed this week that the United States consumer price index soared to 8.5% year-over-year in March — the highest in over four decades. ...
How Long Will It Persist?
Burning US five and one dollar bills, London, 8th August 2011. (Photo by Tom Stoddart/Getty Images) Getty Images The Bureau of Labor Statistics released its monthly inflation report this week showing ...
Inflation Surges Again, But Markets Watch Medium-Term Prospects
NEW YORK, NEW YORK – MARCH 10: A person shops for groceries at Lincoln Market on March 10, 2022 in … [+] the Prospect Lefferts Garden neighborhood of Brooklyn borough in New York City.The ...
Central Bank Digital Currencies Are About Control – They Should Be Stopped
Photo taken on July 15, 2021 shows the U.S. Federal Reserve in Washington, D.C., the United States. … [+] U.S. Federal Reserve Chair Jerome Powell said on Thursday that he was “legitimatel...
Opinion: As the Fed Tightens, VCs Are Spending Big on Crypto
Share this article The Fed’s Quantitative tightening will make it difficult for risk-on assets like cryptocurrencies to shine. But at the same time, money from venture capital firms keeps pouring into...
China inflation makes it harder for PBOC to cut interest rates US Fed
Transportation fuel prices rose by 24.1% in China in March 2022 from a year ago, the largest increase within the country’s consumer price index. Vcg | Visual China Group | Getty Images BEIJING —...
Bank earnings expected to decline despite boost from Fed rate hikes
Banks will kick off earnings season this week, with first-quarter results due out from a lineup of industry heavyweights led by JPMorgan Chase on Wednesday. The latest quarterly figures are expected t...
Consumer fears over inflation hit a record high in March, New York Fed survey shows
A motorist pumps gas at a Valero station along Encinitas Blvd in Encinitas, CA on Tuesday, April 5, 2022. Sandy Huffaker | The Washington Post | Getty Images Worries are increasing over inflation, wit...
5 Ways Of Looking At A Bond Market Sell-Off
A financial data analysis graph. Selective focus. Horizontal composition with copy space. Getty Bonds peaked in price during the March/April, 2020 pandemic scare and they are continuing to sell-off 2 ...
The housing market is running hot. Can the Fed cool it before it crashes?
When the “Bond King” Bill Gross sat down recently with Barry Ritholtz for an episode of “The Big Picture” podcast, the billionaire investor and PIMCO founder took a pretty skeptical view of who might ...
Crypto markets sell off as hawkish Fed brings drop in equities | Industry Analysis| OKX Academy
BTC gave back gains from March’s rally, but we saw positive steps toward adoption in the U.K. Cryptocurrency markets took a hit this week in tandem with drops in traditional markets. The March Federal...
Does Yield Curve Inversion Matter For Investors?
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the National Association of … [+] Business Economics (NABE) economic policy conference in Washington, D.C, U.S., on Monday, Mar...
Here’s a look at inflation-fighting pros, cons of Fed raising rates
A customer shops at at a grocery store on February 10, 2022 in Miami, Florida. The Labor Department announced that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest ...
Economic slowdown has to be ‘dramatic’ as Fed raises interest rates: top economist
Seth Carpenter, Morgan Stanley chief economist and former Federal Reserve deputy director of monetary affairs, thinks there is no way around a sharp slowing of the economy as the Federal Reserve embar...
Bitcoin Is Going To The Moon Once The Fed Finally Steps Back — Billionaire Mike Novogratz ⋆ ZyCrypto
Advertisement     A gloomy cloud continued to hang above cryptocurrencies towards the end of the week, even as the Bitcoin conference entered the third day in Miami. O...
Bitcoin dips below $43k – UST backing not enough as Fed turns hawkish
The market price of bitcoin stayed pretty much flat for most of the first week in April. But as the U.S. Federal Reserve signaled higher and faster interest rate hikes, and quantitative tightening of ...
Stock futures little changed following Thursday’s comeback as investors assess Fed plans
Traders on the floor of the NYSE, April 7, 2022. Source: NYSE U.S. stock futures were little changed on Thursday night after the major averages staged a late-day comeback as investors appraised the li...
Bitcoin Falls As FED Gets Hawkish, Why This Could Be A Dip Opportunity
Bitcoin records a 7% drop in the last week as yesterday’s Federal Open Market Committee (FOMC) hints at a more aggressive U.S. Federal Reserve. As investors reacted to a tougher monetary policy, selli...
BTC, ETH trend lower after hawkish statements from Fed | Trading Ideas| OKX Academy
Market-leaders and altcoins alike fell as the U.S. Federal Reserve outlined its tightening cycle. The total cryptocurrency market is up over 1% on the day. BTC and ETH are down about 1.4%. Meanwhil...
JD’s Founder Steps Back As Fed Fears Weigh On Sentiment
China Last Night KraneShares Key News Asian equity markets followed the US market’s southward trajectory overnight, following the Fed confirming rising rates and balance sheet contraction. If one were...
Fed Lays Out Plan to Prune Balance Sheet by $1.1 Trillion a Year
(Bloomberg) — Federal Reserve officials laid out a long-awaited plan to shrink their balance sheet by more than $1 trillion a year while raising interest rates “expeditiously” to counter the hot...
USD/CHF forecast as the Fed hints at quantitative tightening
The USD/CHF pair went sideways after the hawkish minutes by the Federal Reserve and the latest Swiss unemployment rate. The pair is trading at 0.9326, which is slightly below the highest point on Marc...
Bitcoin and Crypto Correct 5% As Market Braces for the Biggest Fed Rate Hike
Bitcoin (BTC) and the broader crypto market have corrected 5% as investors decide to turn risk-averse preparing for the biggest Fed rate hike. Earlier today, Bitcoin fell to a low of $42,700 before re...
Stocks Rise As Investors Try To Shake Off Inflation Fears, Recent Fed Comments
Topline The stock market moved slightly higher on Thursday—clawing back some of its losses from earlier this week—as investors continued to assess recent comments from Federal Reserve officials on the...