Text size Proponents of Bitcoin argue that its limited supply should make it an inflation-proof asset akin to gold. Dreamstime Bitcoin slid sharply after the Federal Reserve released minutes of its De...
Tag: Fed
Bitcoin Falls 5% as Fed Confirms Interest Rate Hikes
Key Takeaways BTC fell by roughly 5% today, while ETH and the remainder of the crypto market saw losses of upward of 6%. Those losses coincide with similar but more moderate losses in the stock market...
Dow Jones Futures: Hawkish Fed Stuns Wall Street; Tesla, Microsoft, Google Break Key Levels
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally turned sharply negative Wednesday on hawkish Federal Reserve comments, closing at s...
Bitcoin, Ethereum and Stock Prices Fall as Fed Readies Interest Rate Hike
“Buy the dip!” Bitcoin proponents will tell you. But how do you know when BTC is done dipping? The price of Bitcoin is down again, shedding over 6% of its price tag in 24 hours. Since Dece...
Tech Stocks Feel The Pain As Fed Plans Raise Hikes In 2022
WASHINGTON, DC – JULY 31: Federal Reserve Board Chairman Jerome Powell speaks during a news … [+] conference after the attending the Board’s two-day meeting on July 31, 2019 in Washington,...
Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates
Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve’s December FOMC meeting showed that the re...
Stocks Tumble as Fed Minutes Confirm Rate Hikes Are Coming
Text size Interest rate hikes are coming. The stock market is taking note. Karen Bleier/AFP/Getty Images Stocks fell Wednesday after the minutes from the last FOMC meeting confirmed that the Federal R...
Stocks Plunge After Fed Minutes Show Central Bank Could Remove More Stimulus
Topline The stock market tanked on Wednesday after minutes from the Federal Reserve’s most recent meeting showed that the central bank could become more aggressive about removing stimulus and reducing...
Dow sheds over 300 points, Nasdaq skids 2.9% after Fed minutes surprise with talk of shrinking balance sheet
Stocks traded lower Wednesday afternoon, with the Dow turning negative, after the release of the Federal Reserve’s last policy gathering in 2021 showed robust discussion around a potentially faster pa...
President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report
The White House is reportedly considering an Obama-era economic adviser and former Fed economist to fill the empty seats on the board of governors of the Federal Reserve System in 2022. According to ...
Fed Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown
(Bloomberg) — Federal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected, with some policy make...
Boston Fed seeks project manager for CBDC development
advertisement The Federal Reserve Bank of Boston is looking for a new director to lead the development of a central bank digital currency. Per a LinkedIn post from January 1, the director of project m...
Dennis Gartman Sees Stocks Falling 15% in 2022 on Aggressive Fed Hikes
(Bloomberg) — Stocks could face a “slow, laborious” decline in 2022 as a result of a more hawkish Federal Reserve that may raise interest rates four times, according to Dennis Gartman. Most Read...