BlackRock Inc. co-founder and CEO Larry Fink warned his firm’s investors that the Federal Reserve’s aggressive interest-rate hikes were the “first domino to fall” in what could be a “slow-rolling cris...
Tag: Feds
First Republic, Regional Banks Won’t Benefit Much from Fed’s New Funding Program
The Federal Reserve’s Bank Term Funding Program, which came to the rescue of Silicon Valley Bank, will be of little help to regional lenders such as First Republic Bank (FRC) because their risks...
Citadel founder Ken Griffin: Fed’s intervention in SVB collapse shows U.S. capitalism is ‘breaking down before our eyes’
“The U.S. is supposed to be a capitalist economy, and that’s breaking down before our eyes. There’s been a loss of financial discipline with the government bailing out depositors in full.” That’s Ken ...
US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision – Bitcoin News
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for a...
Powell Should Recuse Himself From Fed’s Internal Review Of SVB Oversight, Elizabeth Warren Says
Topline Sen. Elizabeth Warren (D-Mass.) called on Federal Reserve Chair Jerome Powell to recuse himself from the agency’s internal probe of its role in the Silicon Valley Bank collapse, a day after De...
Feds Shut Down Signature Bank, Say Signature and Silicon Valley Bank Depositors Will Be Made Whole
All depositors in Silicon Valley Bank will have access to their funds starting Monday—as well as depositors of Signature Bank, which was also shut down Sunday by New York’s state chartering authority....
Fed’s Timely Intervention Upholds Financial Sector, Says Cramer
Jim Cramer commented that there is a possibility that the Federal Reserve could be finished with rate hikes. Cramer’s comment was rooted in the fall of the three banks that resulted from Fed’s interes...
Goldman Sachs No Longer Expects Fed’s Interest Rate Hikes
15 seconds ago | 2 mins read Bitcoin News American multinational investment firm Goldman Sachs predicts no longer interest rate hikes. Silicon Valley Bank collapse gave shockwaves in the crypto indust...
Crypto market cap regains $1T as Feds measures spark green run
Ad Since the last wMarket update, the cryptocurrency market cap saw net inflows of over $50 billion in the previous 24 hours and currently stands at $1.01 trillion — up 6.14%. Over the reporting perio...
The Fed’s near-zero interest rate experiment was destined to have unintended consequences. Backstopping SVB’s collapse is just the first one
Good morning. Well, that was fast. The U.S. government yesterday effectively eliminated the cap on Federal Deposit Insurance, telling depositors at Silicon Valley Bank and at another failed bank—Signa...
Gundlach, Ackman Weigh Fed’s US Bank Rescue Impact on Markets
(Bloomberg) — The failure of Silicon Valley Bank and the government rescue of its depositors are ripping through market bets on everything from the economy to the US interest-rate outlook. Most ...
Feds Close Crypto-Focused Signature Bank Citing Systemic Risks
Signature Bank is the next bank to be closed by Federal regulators. Regulators closed the crypto-focused bank, citing systemic risk. The Federal Reserve has closed Signature Bank, as revealed in a pre...
USDC Re-pegs After Fed’s $25B Bailout, Bitcoin Price Bounces To $22.2k
The fear, uncertainty, and doubts surrounding the second largest stablecoin USDC, issued by Circle, have significantly reduced in the past 24 hours following a bailout by the United States Federal Res...
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement – Bitcoin News
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the ...
Feds Could Guarantee All Silicon Valley Bank Deposits: Report
With hours to go before the trading day begins in Asia, top U.S. regulators have mulled guaranteeing all deposits at Silicon Valley Bank to prevent broader panic in the global financial sector, the Wa...
Feds Could Protect All Silicon Valley Bank Deposits Amid Search For Buyer, Reports Say
Topline Federal regulators have discussed safeguarding all deposits at Silicon Valley Bank—including money that isn’t covered by federal deposit insurance—if a scramble to sell the collapsed bank does...
Why The Feds Should Tread Lightly On Hydrogen Regulation
A view shows one of the worlds’s first plants for the production of green hydrogen on the site of … [+] the “Shell Energy an Chemicals Park Rheinland” of Anglo-Dutch oil giant ...
How SVB Was Doomed By a Bad Bet on Mortgage Securities and the Fed’s Rate Hikes
The demise of Silicon Valley Bank wasn’t driven by credit problems but by an old-fashioned mismatch of assets and liabilities that doomed many thrifts back in the 1970s. California regulators seized S...
Regulatory Uncertainty and Fed’s Next Steps Keep Bitcoin Traders Cautious
Investors are still feeling bearish when it comes to Bitcoin. But why? And for how long will it last? The narrative that has taken shape over the last two years is that as a “risk-on” asset, Bitcoin f...
Feds consolidate 40k BTC, prompting fears of imminent sell-off
Ad It seems that around 40,000 Bitcoin held in wallets linked to law enforcement seizures in the United States are currently being transferred, according to new data by Glassnode, a blockchain analyti...
No exit ramp for Fed’s Powell until he creates a recession, economist says
Federal Reserve Chair Jerome H. Powell testifies before a U.S. Senate Banking, Housing, and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Ca...
Here Are 2 Stocks That Could Benefit From the Fed’s Tightening Policy
Inflation remains high, and that was on the mind of Jerome Powell as the Federal Reserve chair gave testimony to the Senate Banking committee today. Powell made it clear that the central bank is likel...
Feds File Antitrust Suit Against JetBlue Over Spirit Merger—Putting $3.8 Billion Deal In Jeopardy
Topline Federal prosecutors filed an antitrust lawsuit against JetBlue to prevent its blockbuster $3.8 billion merger with Spirit Airlines on Tuesday, preventing what would be the country’s fifth-larg...
JetBlue CEO Says Feds Will Sue Airline Over Its $3.8 Billion Merger With Spirit This Week
Topline The U.S. federal government is poised to block JetBlue’s $3.8 billion merger with Spirit Airlines, according to several reports Monday, sending both companies’ stocks swinging and preventing w...
Here’s The Schedule For The Fed’s Upcoming Meetings And What To Expect
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a … [+] Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Feb. 1, 202...
What’s next for stocks as investors realize Fed’s inflation fight won’t end soon
The stock market is ending February on a decidedly wobbly note, raising doubts about the durability of an early 2023 rally. Blame stronger-than-expected economic data and hotter-than-expected inflatio...
What To Expect From The Fed’s March Meeting
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a … [+] Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Feb. 1, 202...
Fed’s rate hikes likely to cause a recession, research says
NEW YORK (AP) — Can the Federal Reserve keep raising interest rates and defeat the nation’s worst bout of inflation in 40 years without causing a recession? Not according to a new research paper...
Fed’s Preferred Inflation Measure Supports Further Rate Hikes
File – Federal Reserve chairman Jerome Powell speaks during a news conference, Wednesday, Feb. 1, … [+] 2023, at the Federal Reserve Board in Washington. On Wednesday, the Federal Reserve ...
Feds discover DeFi’s alleged $340 million Ponzi scheme
Centralized exchanges are under threat of being reprimanded by regulators in the US. When it appeared that things would be limited to the exchange sector, it was discovered that another sector was pre...
Fed’s Mester says she has hope that inflation can be brought down without a recession
Cleveland Federal Reserve President and CEO Loretta Mester gives her keynote address at the 2014 Financial Stability Conference in Washington December 5, 2014. Gary Cameron | Reuters Cleveland Federal...
Republican Congressman Tom Emmer Introduces Bill to Ban Fed’s CBDC
On February 22, Republican Congressman Tom Emmer of the US House of Representatives introduced a bill to ban the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC). The “CBDC An...