JPMorgan Chase & Co. JPM, +0.10% CEO Jamie Dimon said the consumer remains in great shape in 2022 but also said volatility could be elevated in financial markets as the Federal Reserve aims to nav...
Tag: Fed
Jamie Dimon sees the best economic growth in decades, more than 4 Fed rate hikes this year
Jamie Dimon said the U.S. is headed for the best economic growth in decades. “We’re going to have the best growth we’ve ever had this year, I think since maybe sometime after the Gre...
Goldman predicts the Fed will hike rates four times this year, more than previously expected
Federal Reserve Chairman Jerome Powell testifies during the House Financial Services Committee hearing titled Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response...
Bitcoin Approaches Death Cross as Goldman Foresees 4 Fed Rate Hikes This Year
They call it bitcoin’s “death cross” – a bearish indicator which appears when the 50-day moving average (MA) dips below the 200-day MA. The ominously-named chart pattern looks set to be confirmed this...
Goldman Now Expects Four Fed Hikes, Sees Faster Runoff in 2022
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg The Federal Reserve will likely raise interest rates four ...
Fed Unites Left and Right in Warning It’s Behind Inflation Curve
(Bloomberg) — The Federal Reserve has managed to do something that’s rarely seen in the U.S. these days: Get members of the Democratic and Republican parties to agree. Most Read from Bloomberg A...
Nasdaq Composite ends 3 percentage points from correction, as investors react to Fed, Friday’s jobs report
U.S. stocks ended lower Friday, in a turbulent session that concluded with all three major benchmarks suffering weekly declines, following a monthly jobs report whose headline figure came in far below...
Fed’s Outgoing Vice Chair Richard Clarida’s ‘Rebalancing’ Trades Ignite Fed Trading Ethics Scandal – Economics Bitcoin News
Members of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing v...
Don’t Fight The Fed – Fed Tightening Puts Investors In Harm’s Way
Federal Reserve’s inflation shift (characterized by banknote, gold and market graph line) getty “Don’t fight the Fed” was the bullish rallying cry that started in 2010. While t...
Forget Fed Rate Hikes. How It Handles Its $9 Trillion in Assets Is What Really Matters.
Federal Reserve Board Chairman Jerome Powell, shown late last year at a House hearing, faces some big policy decisions this year. Brendan Smialowsky/AFP/Getty Images Text size If there is one takeaway...
Dogecoin (DOGE) & Shiba Inu (SHIB) Face ‘Purge’ as Hawkish Fed Action Rattles Markets – Bloomberg Analyst
Bloomberg senior commodity strategist Mike McGlone says the speculative rally in meme coins such as Dogecoin and Shiba Inu last year “indicate the excesses in crypto that are ripe for purging in 2022....
Larry Summers Says Fed and Markets Are Too Sanguine on Anti-Inflation Steps
(Bloomberg) — Former Treasury Secretary Lawrence Summers said that even after the Federal Reserve’s recent hawkish pivot and after a selloff in Treasuries, both policy makers and investors are s...
Fed Minutes Suggest More Stock-Market Turmoil Could Lie Ahead
Text size Federal Reserve Chairman Jerome Powell. Kevin Dietsch/Getty Images Sometimes you need to read something in black and white to believe it. That may explain why the stock market sold off sharp...
BTC at 3-Month Low on Fed Balance Sheet Reduction Plans (Weekly Recap)
The first week of 2022 is starting off rather dramatically for Bitcoin and the rest of the cryptocurrency market, the total capitalization of which is down about $240 billion in seven days. This comes...
The Fed is scaring markets with the triple threat of policy tightening
A child passes by the Marriner S. Eccles Federal Reserve Board Building on Constitution Avenue, NW, on Monday, April 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Investors have been prep...
Go With The FED, Why Bitcoin Could Benefit From Interest Rate Hikes
Bitcoin is close of ending its first week of the year in the red, as the crypto market took another blow and sits at critical support. The benchmark crypto records a 7.3% loss in 24 hours, trading at ...
Bitcoin could outperform stocks in 2022 amid Fed tightening — Bloomberg analyst
The Federal Reserve’s signaling for tighter monetary policy in 2022 could provide short-term headwinds for risk assets such as stocks and cryptocurrency, but there’s a good chance that Bitcoin (BTC) s...
The Fed’s Warning Crashes Bitcoin And Crypto Prices—A Shaky Year Ahead
This week, the price of Bitcoin (BTC) and other cryptocurrencies sank after the Fed released the minutes of its December meeting, which revealed a U-turn in its policy that might not bode well for cry...
Bitcoin Falls Below $44K, Attributed to the Fed Plans to Raise Interest Rate in March
Starting in 2022, the leading cryptocurrency Bitcoin has been consolidating between $46,000 and $49,000 ever since. Just as the U.S. Federal Reserve announced that there is a high probability that it ...
Fed snatches the punch bowl away from Wall Street’s party: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, January 6, 2021 Rate hikes no longer the...
Major Cryptocurrencies—Including Bitcoin, Ethereum—Plummet After Fed Minutes Signal Looming Interest Rate Hikes
Topline The value of bitcoin, ethereum and other major cryptocurrencies plummeted Thursday after minutes from the Federal Reserve’s latest meeting signaled a possible shift towards more aggressive act...
Bitcoin and Crypto Markets in Turmoil as Fed Plans to Reduce Balance Sheet
The past 24 hours have been particularly tumultuous throughout the entire cryptocurrency market. The selling pressure also spread out through Wall Street as the Fed revealed plans to reduce its balanc...
Bitcoin (BTC) dips to $42K as Fed announces plans to raise interest rates
The crypto market suffered a major dip on Thursday. The entire crypto market made an around 8% loss, with the total market capitalization dropping to around $2.1 trillion. Most of the coins are still ...
Bitcoin Falls To $43k After Fed FOMC Meeting Report Show Commitment To Decrease Balance Sheet
As the price of Bitcoin hovers just around $43,000, the cryptocurrency community is buzzing with expectation. This is due to the sideways price action following Federal Reserve commitment to decrease...
US dollar index stays calm after the Fed warning
The US dollar index (DXY) moved sideways after the Federal Reserve published minutes of the past meeting. It is trading at $96.15, where it has been in the past few days. FOMC minutes The Federal Open...
Bitcoin Cash price prediction after the hawkish Fed minutes
The Bitcoin Cash (BCH/USD) price retreated to the lowest level in a month after the warning from the Federal Reserve. It is trading at $396, which is about 75% below the highest level in 2021. Federal...
Not Even GameStop Stock Can Fight the Fed
Text size A Tesla electric vehicle drives through the Las Vegas Convention Center loop at the CES 2022 show this past week. Patrick T. Fallon/AFP/Getty Images The stock market is supposed to be forwar...