“‘The risk is that we’re going to hit the brakes very, very hard.’ ” — Larry Summers Almost a full year of monetary-policy tightening by the Federal Reserve appears to be having little impact on price...
Tag: Fed
Hawkish Fed Stands Puts Breaks to Bitcoin (BTC) Price Rally
Earlier this week on Wednesday, February 15, the world’s largest cryptocurrency Bitcoin (BTC) jumped more than 12% inching closer to $25,000. This sparked a major euphoria in the crypto space that BTC...
Dollar Rallies, Stocks Decline on Fed Hike Bets: Markets Wrap
(Bloomberg) — The dollar rallied and stocks dropped alongside Wall Street equity futures with expectations of steeper US rate hikes growing after comments by two Federal Reserve officials. Most ...
Dow Falls 400 Points After Fed Official Warns Hot Inflation Data Serves As ‘Cautionary Tale’
Topline Stocks fell into negative territory for the month on Thursday after data showing prices paid among producers surged more than expected in January—raising the risk that inflation may stop slowi...
Dow Falls 400 Points As Fed Official Warns Hot Inflation Data Serves As ‘Cautionary Tale’
Topline Stocks fell into negative territory for the month on Thursday after data showing prices paid among producers surged more than expected in January—raising the risk that inflation may stop slowi...
US Rates May Be Heading Higher Than Wall Street or the Fed Think
(Bloomberg) — Last year, most US investors and central bankers underestimated how high inflation would climb. Now they may be underestimating how high interest rates will need to go to bring it ...
US Economy Keeps Charging Ahead, Adding Pressure on Fed to Hike
(Bloomberg) — The US economy showed remarkable resilience at the start of the year, highlighting robust demand that’s keeping inflation elevated and heaping pressure on the Federal Reserve to st...
Brainard reportedly moving from the Fed to head National Economic Council
United States Federal Reserve Board Vice Chair Lael Brainard has been chosen to be the director of the National Economic Council, making her President Joe Biden’s top economic adviser, according to me...
U.S. CPI Drops Slightly In January, But Fed Now Expects Higher Rates For Longer
Inflation fell less thank expected in January Getty Key Takeaways Year-over-year inflation cooled slightly in January, but less than economic experts forecasted Monthly inflation painted a more concer...
Traders Capitulate, Abandoning Fed Rate Cut Bets After CPI Spike
(Bloomberg) — Bond traders were once again forced to rethink the Federal Reserve’s path after inflation data showed prices remain stubbornly high. They now expect the Fed to continue raising int...
Bitcoin to $500,000 by 2025 “thanks” to the Fed- The Cryptonomist
Robert Kiyosaki, the author of the famous book “Rich Father Poor Father,” shared in a tweet his prediction that they see Bitcoin at $500,000 by 2025, due to a giant collapse coming that will put the F...
Stock Market Swings After Inflation Fuels Uncertainty Over Fed Rate Hikes
Topline Stocks stumbled Tuesday after data revealed inflation isn’t slowing down as quickly as economists expected—ushering in volatility that many experts predict will only continue in the coming mon...
CPI Housing Costs Remain Elevated, Industry Data Disagrees, Here’s Why
Jerome Powell, chairman of the US Federal Reserve. January CPI data was broadly encouraging, but may … [+] not be enough to change the Fed’s plans to hike rates at future meetings. Photogr...
Fed is not your friend
As Wall Street gears up for key inflation data, Wells Fargo Securities’ Michael Schumacher believes one thing is clear: “The Fed is not your friend.” He warns Federal Reserve chair J...
Fade The CPI Inflation Report; Here’s What Matters To The Fed, S&P 500
The January CPI inflation report out Tuesday at 8:30 a.m. ET has been built up as a key data release for the Fed policy outlook and the S&P 500 direction. That’s way overblown. Sure, Wall St...
Inflation could ease faster than Fed believes, reducing need for rate hikes, easing recession risk
Could inflation ease more swiftly than the Federal Reserve expects? Consumer price increases have pulled back sharply in recent months but Fed Chair Jerome Powell says further declines to the Fed’s 2%...
When To Expect The Fed To Raise Rates Again
Jerome Powell, chairman of the US Federal Reserve. The Fed is expected to increase rates again at … [+] the conclusion of their next meeting on March 22. Photographer: Valerie Plesch/Bloomberg ©...
Morgan Stanley Strategists Say Stocks Ignore Fed, Earnings Reality
(Bloomberg) — US stocks are ripe for a selloff after prematurely pricing in a pause in Federal Reserve rate hikes, according to Morgan Stanley strategists. Most Read from Bloomberg “While the re...
Economist Peter Schiff Warns of Financial Crisis and ‘Much More Severe Recession’ Than the Fed Recognizes
– Advertisement – Economist and gold bug Peter Schiff has warned of a financial crisis and a much more severe recession than the Federal Reserve recognizes. “The economy is not only going ...
Economist Peter Schiff Warns of Financial Crisis and ‘Much More Severe Recession’ Than the Fed Recognizes – Bitcoin News
Economist and gold bug Peter Schiff has warned of a financial crisis and a much more severe recession than the Federal Reserve recognizes. “The economy is not only going to weaken, but weaken much mor...
US Consumer Prices May Show Fed Has More Work to Do
(Bloomberg) — Prices of US goods and services probably climbed last month at a pace that remains discomforting for consumers as well as for Federal Reserve policy makers seeking greater progress...
Philadelphia FED president Harker says crypto is here to stay
Philadelphia’s Federal Reserve (FED) Bank President Patrick Harker has suggested that, despite the inherent risks, demand for cryptocurrencies will remain high in the foreseeable future. In remarks at...
Fed Governor Waller compares crypto assets to baseball cards
Fed Governor Christopher Waller said that crypto assets are very speculative. If an asset drops to zero, it’s on investors, who should not hope to be compensated by taxpayers. Everyone has differen...
This 7.3% Yielding Fund Runs Defense On Your Portfolio
A DSLR of american football players in their football uniforms at the line of scrimmage of a … [+] football game. the photo is a close up of the football players with their football helmets, foo...
The Good News, The Not-So-Good News, And The Bad News
HOUSTON, TEXAS – AUGUST 15: Cartons of eggs are seen for sale in a Kroger grocery store on August … [+] 15, 2022 in Houston, Texas. Egg prices steadily climb in the U.S. as inflation conti...
New York Fed says Bitcoin shares most features of ‘a store of value’
Ad The Federal Reserve Bank of New York said in a Feb. 9 report that Bitcoin performs more kin to a precious metal like gold but warns that it can never replace the US dollar due to volatility. Using...
Fed Board Prohibits Member Banks from Holding Cryptoassets as Principal
A new US Federal Reserve rule has further cemented the central bank’s wariness about cryptoasset activities. A statement issued by the board of governors of the Federal Reserve System on Tuesday clari...
Dow falls 400 points as stocks suffer worst drop in a month after PPI data, Fed comments
U.S. stocks suffered their worst drop in a month on Thursday after hotter-than-expected data on wholesale prices and talk of more aggressive interest-rate hikes rattled markets. The S&P 500 SPX, -...