(Bloomberg) — The Federal Reserve will this week begin a multi-month campaign to conquer inflation that could see Chair Jerome Powell moving even more aggressively after Russia’s war on Ukraine ...
Tag: Fed
Too Cheap to Ignore, Emerging Dollar Bonds to Take Off With Fed
(Bloomberg) — Emerging-market dollar bonds are starting to look like a bargain. Most Read from Bloomberg The extra yield offered by developing-nation sovereign debt over U.S. Treasuries has rise...
Bitcoin drifts into weekly close while Fed rate hike looms as next major BTC price trigger
Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macro economic cues. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Long-awaite...
Dow Jones Futures: Market Rally Nears Lows Amid Ukraine Invasion, Looming Fed Rate Hike; What To Do
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally attempt continues to survive, but the major indexes lost significant ground for...
As The Inflation Surge Continues, Here Are Three Key Things To Watch
Gas prices are displayed at a Sunoco filling station in Warminster, Pa., Wednesday, March 9, 2022. … [+] (AP Photo/Matt Rourke) ASSOCIATED PRESS Headline inflation came in at 7.9% for February 2...
Inflation Spiked 7.9% In February—Hitting 40-Year High Amid Growing Uncertainty Over Record Gas Prices
Topline Consumer prices rose 7.9% in the 12 months ending in February, according to data released Thursday by the Labor Department, climbing at the quickest pace in four decades amid an unprecedented ...
Despite Ukraine, Markets Still See Aggressive Fed Action This Year
Jerome Powell, chairman of the U.S. Federal Reserve, smiles during a Senate Banking, Housing, and … [+] Urban Affairs Committee hearing in Washington, D.C., U.S., on Thursday, March 3, 2022. Pow...
How the Federal Reserve could cut its near $9 trillion balance sheet as it fights inflation
Slimming down might be the trickiest part after two years of the pandemic. As the Federal Reserve looks to shrink its near $9 trillion balance sheet to help cool U.S. inflation pegged at a 40-year hig...
Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year – Economics Bitcoin News
A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author detail...
Wharton Professor Urges the Fed to ‘Bite the Bullet’ and Defend the US Dollar — Warns About Bitcoin Taking Over – Coinotizia
A finance professor at the Wharton School of the University of Pennsylvania has warned of “bitcoin taking over.” He added that the Fed “has been terribly wrong over the last year” about inflation and ...
Wharton Professor Urges the Fed to ‘Bite the Bullet’ and Defend the US Dollar — Warns About Bitcoin Taking Over – Bitcoin News
A finance professor at the Wharton School of the University of Pennsylvania has warned of “bitcoin taking over.” He added that the Fed “has been terribly wrong over the last year” about inflation and ...
Fed Chair Jerome Powell Says Cryptocurrency Needs Regulation To Prevent Terrorist Financing
The Chairman of the U.S. Federal Reserve says that the crypto industry needs to form regulations to thwart digital assets from being used to finance terrorism and other crimes. In a testimony before t...
Fed set to raise rates despite Ukraine war, Powell says
Despite Russia’s invasion of Ukraine and a sliding stock market, Federal Reserve Chair Jerome Powell told Congress on Wednesday the central bank plans to raise its key interest rate from near zero thi...
Fed Chair Jerome Powell Has Intensified Calls For Cryptocurrency Regulations In Front Of Congressmen ⋆ ZyCrypto
Advertisement     Jerome Powell has increased the calls for cryptocurrency regulations in the wake of Russia’s invasion of Ukraine. The Fed Chair noted that “congressi...
Dow Jones Up As Fed Official Touts Rate Hikes; Putin Says Invasion Is ‘Going To Plan’; Kroger Explodes
The Dow Jones Industrial Average inched higher despite a senior Fed official saying the Ukraine war has increased the need for rate hikes. Meanwhile, Russian President Vladimir Putin said the invasion...
Wharton Prof Calls On Fed To Defend Dollar From Bitcoin
Jeremy Siegel – Finance Professor at the Wharton School of the University of Pennsylvania – said the Federal Reserve needs to tighten its interest rates fast. With inflation spinning rapidly out of co...
Cleveland Fed President Mester says Ukraine war accelerates the need for interest rate hikes
War in Ukraine only heightens the need for higher interest rates to get inflation under control, Cleveland Fed President Loretta Mester said Thursday. The attack from Russia has pushed commodity price...
While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes – Economics Bitcoin News
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepare...
Fed Hikes Could Drive Bitcoin Adoption in Emerging Markets
The Fed tightening is a major risk, particularly for currencies of EMs running current account deficits. The deficit occurs when a country sends more money abroad than it receives, leaving the domesti...
Bitcoin’s flat while attention’s on Ukraine, away from the Fed, inflation
All eyes are on the war in Ukraine, including those of crypto traders, and for obvious reasons, of course. Crypto’s volatility over the past week has been expected while many are trying to figure out ...
Bitcoin a ‘good bet’ if Fed continues easing to avoid a recession — analyst
Bitcoin (BTC) has the potential to become a “good bet” for investors if the Federal Reserve does everything it can to keep the U.S. economy afloat against impending recession risks, accord...
Fed Chairman Says There’s Room For Multiple Reserve Currencies
The US government is not ignoring the continued adoption that cryptocurrencies have been getting. Jerome Powell, the chair of the US Federal Reserve, noted that crypto could become another reserve cur...
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
Federal Reserve Chair Pro Tempore Jerome Powell and some members of the United States House of Representatives called for congressional action on crypto in response to discussions about Russia potenti...
Fed Chair Calls Cryptocurrencies “Vehicle for Speculation”
Alex Dovbnya Federal Reserve Chair Jerome Powell voiced his concerns about cryptocurrencies during a recent hearing held by the U.S. House Committee on Financial Services While addressing the U.S. Hou...
Expectations Of Aggressive FED Drop, Here’s Why Bitcoin Could Rise To $50K
Bitcoin stumbles as it approaches the mid area around its current levels. As reported yesterday, there was a large number of asks orders at $45,000, and $48,000, which could continue to operate as res...
Fed Chair Powell Calls for Congressional Action on Crypto Amid Ukraine, Russia Conflict
Federal Reserve Chairman Jerome Powell today reiterated his view that there is a growing need for cryptocurrency regulations during a testimony before the House Financial Services Committee. He said r...
In light of Russia sanctions, Fed chair calls for legislative framework to stop illicit crypto use
In an appearance before Congress today, the chair of the Federal Reserve made a rare commentary on legislation, addressing crypto in sanctions avoidance on the part of Russia. Jerome Powell, the Fed&#...
Bitcoin casts off dip, climbs past $45K as Fed signals rate hike coming in March
Bitcoin (BTC) hit daily lows, then bounced strongly on March 2 as fresh comments by the United States Federal Reserve added to macro volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: Trading...
Powell says Fed is poised to raise interest rates for first time in three years to fight inflation despite Ukraine war, market sell-off
Despite Russia’s invasion of Ukraine and a sliding stock market, Federal Reserve Chair Jerome Powell will tell Congress Wednesday the central bank plans to raise its key interest rate from near zero t...
Ethereum (ETH) Price Prediction: ETH face 17% Upside Risk Amid Fed Testimony
Ethereum (ETH) price remains submissive in today’s session following two consecutive higher sessions. It seems price took a breather before taking a leap toward the swing highs of $3,057.81. Market un...
Opinion: The Fed needs to target a floor for the 10-year Treasury, in addition to radically raising the fed funds rate
Federal Reserve Chairman Jerome Powell faces the toughest task since Chairman Paul Volcker tamed the Great Inflation of the 1970s and early 1980s. And a lot of the pressures driving the most virulent ...