Cryptocurrencies Surge Amid A FED Induced Gloom

Advertisement &nbsp &nbsp On Monday, Bitcoin and Ethereum continued to lead other cryptocurrencies in a spirited surge, entering the third bullish week amid FED-induced uncert...

Seven hikes? Fast-rising wages could cause the Fed to raise interest rates even higher this year

Too much of a good thing, in the form of rapidly rising wages, is expected to push Federal Reserve interest rate hikes at an even faster pace. Average hourly earnings jumped 0.7% in January and are no...

New York Fed: The Future of Payments Isn’t Stablecoins (Or Is It?)

A recent report by the New York Federal Reserve has opined that stablecoins will not be an integral part of the future of payments — in the U.S. at least. The Feb 7 report penned by professor of econo...

Inflation and the Fed: Why Wall Street Is Misdiagnosing Pandemic Economics

About the authors: Larry Hatheway and Alex Friedman are the co-founders of Jackson Hole Economics, and the former chief economist and chief investment officer, respectively, of UBS. The Federal Reserv...

FED Experiments New Digital Currency But Its “Not A Blockchain”; Here’s Why

Boston FED and MIT collaborated on a digital dollar experiment that resulted in a functional and fault-tolerant central bank digital currency (CBDC) architecture capable of handling 1.7 million transa...

Bank of America Strategists Warn Fed Hikes in Pricey Market to End Poorly

(Bloomberg) — Optimists expecting the stock market to weather the rate-hike cycle as they’ve done in the past are missing one important detail, according to Bank of America Corp.’s strategists. ...

Fed Designs Digital Dollar That Handles 1.7 Million Transactions Per Second

As the race against China’s development of its central bank digital currency (CBDC) known as the digital yuan continues, the U.S. Federal Reserve accomplished a feat in testing a design for a U.S. dig...

US Fed and MIT University published a joint Technical Research report for US CBDC

In the current time where blockchain and cryptocurrency uses are at a peak and showing the trend only to move more upwards, countries across the globe are considering taking advantage of it China is a...

The next ‘pain trade’ could be on the horizon as investors crowd into bets pegged to Fed monetary policy

Investors may be set up for the next so-called “pain” trade, with market participants increasingly coalescing around expectations that Federal Reserve needs to act aggressively to combat persistent U....

Rich Dad Poor Dad’s Robert Kiyosaki Says the Fed and Treasury Are Destroying the Dollar, Advises Saving Bitcoin – Featured Bitcoin News

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the Federal Reserve and the Treasury are destroying the U.S. dollar. Noting that they are sending billion...

Adults Back in Charge of Stock Market as Fed Awakens Big Money

(Bloomberg) — Institutional investors are striking back in stocks, upending the brief and kooky reign of the retail day trader. Most Read from Bloomberg So says veteran market-structure analyst ...

Boston Fed and MIT See Promising Results in CBDC Code Testing

While it looks like the U.S. is currently examining various aspects of CBDC it is considering, the Federal Reserve Bank of Boston has released a research report on the code that could support the visi...

Boston Fed and MIT release the first results of their CBDC research

Dubbed Project Hamilton, exploratory research between the Federal Reserve of Boston and the Massachusetts Institute of Technology’s (MIT) released the first round of results in modeling a digital doll...

Boston Fed releases first CBDC research – Better than crypto?

Yesterday, the Federal Reserve Bank of Boston, together with the Massachusetts Institute of Technology, released their research on a proposed central bank digital currency. It is said to be able to ha...

The Fed and MIT Publish Central Bank Digital Currency Technical Research

We saw the publishing of technical research and open-source code that could be the groundwork for digitizing the greenback. There were no definitive plans to develop a CBDC mentioned in the paper as a...

Republicans grill Fed nominee Raskin over past views on climate and big energy companies

Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, gestures during a Senate Banking, Housing and Urban Affairs Committee confirma...

MIT, Boston Fed go public with ‘Project Hamilton’ central bank digital currency research

Open-source software developed in a collaborative research project between the Federal Reserve of Boston and the Massachusetts Institute of Technology’s Digital Currency Initiative was released ...

Why The US Is Taking So Long To Build A Digital Dollar

conceptual finance image of American one hundred dollar bill and binary code of one and zero getty What Happened On January 20th 2022, the US Federal Reserve Board released its initial concept paper f...

3 Stocks For Rising Rates, 628%+ Dividend Growth

Woman putting coin in the jar with plant. getty We’ve been saying the 2022 edition of the stock market will be a mess for a while now—and we were right. But there are still dividend-paying gems out th...

4 best retirement stocks as the Fed prepares to hike rates

Retirement can be a difficult period for most people because of the lack of a paycheck. Investing in quality companies can help ameliorate the pain of other illiquid assets. With interest rates set to...

Opinion: The Fed is determined to stop wages from rising

AUSTIN, Texas (Project Syndicate)—Federal Reserve Chair Jerome Powell has now committed to putting monetary policy on a course of rising interest rates, which could boost the short-term rate (on feder...

An Interesting Triangle Pattern Is Forming In The Gold Market

While many financial markets — from tech stocks to cryptocurrencies — have experienced wild gyrations over the past year or so, gold has barely gone anywhere. Gold’s lackluster performance is even mor...

Fed releases new research on risk and promise of stablecoins

The Federal Reserve released a new research report on stablecoins today, noting the risks and potential of the emerging digital assets. In the report, researchers Gordon Liao and John Caramichael exam...

January Shows A Tale Of Two Markets As Tech Gets Hit

NEW YORK, NEW YORK – MARCH 09: Stock trader Peter Tuchman works on the floor of the New York Stock … [+] Exchange (NYSE) on March 09, 2020 in New York City. As global fears from the corona...

Here’s what 7 rate hikes from the Fed may do to the stock market

If the Federal Reserve raises interest rates seven times this year as Bank of America head of global economics Ethan Harris predicted in a new call, the stock market won’t be immune from those h...

Powers On… The Fed endorses cryptocurrency — Kind of – Cointelegraph Magazine

This month, the Board of Governors of the United States Federal Reserve System issued its widely anticipated report on the nation’s possible use and adoption of digital currencies for its financial sy...

Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows – Bitcoin News

Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, a...

Stocks Face Hurdles From Fed, China; Dollar Firm: Markets Wrap

(Bloomberg) — Asian stocks were mixed and U.S. equity futures slipped Monday after a Federal Reserve official flagged the possibility of sharper interest-rate increases and Chinese data signaled...

History Says Federal Reserve-Induced Stock Rout Won’t Last

TOPSHOT – Peter Tuchman, floor trader, reacts as he works on the floor during the opening bell on … [+] the New York Stock Exchange on March 9, 2020 in New York. – Trading on Wall St...

Saba’s Weinstein Recommends SPACs, CDS as Fed Tightens

(Bloomberg) — Boaz Weinstein, the hedge-fund founder known for making contrarian bets in arcane markets, has some unorthodox advice for investors worried about rising U.S. interest rates: Load u...

Opinion: The party’s over: The Fed and Congress have pulled their support from workers and investors

Even as the government reports the fastest economic growth in nearly 40 years, the historic gains in income and wealth that inflated the economy in 2020 and 2021 are fading fast. The air is coming out...

The Fed uses one inflation gauge as its North Star. Here’s why

Federal Reserve Chairman Jerome Powell speaks during his re-nomination hearing before the Senate Banking, Housing and Urban Affairs Committee on Jan. 11, 2022 in Washington. Brendan Smialowski-Pool/Ge...