(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Federal Reserve Bank of St. Louis President James Bullard ...
Tag: Feds
The Fed’s Mary Daly says rate hikes should continue until inflation is tamed
San Francisco Federal Reserve President Mary Daly said Wednesday she backs raising interest rates aggressively until inflation comes down to a reasonable level. Those moves likely would entail multipl...
Fed’s quantitative tightening is about to arrive: What that might mean for markets
The Federal Reserve’s almost $9 trillion portfolio is about to be reduced starting on Wednesday, in a process intended to supplement rate hikes and buttress the central bank’s fight against inflation....
The Fed’s Christopher Waller Wants 50 bps Rate Hikes Until Inflation Subsides, US Savings Data Plummets – Economics Bitcoin News
Federal Reserve governor Christopher Waller has detailed he is ready to get behind 50 bps rate hikes until the extreme inflationary pressures plaguing the U.S. economy subsides. Waller stressed that u...
Biden Will Meet With Fed’s Powell Tuesday to Discuss Economy
Text size President Joe Biden has said getting inflation under control is his “top priority.” Anna Moneymaker/Getty Images President Joe Biden is set to meet with Federal Reserve Chair Jerome Powell o...
Fed’s Waller Backs Half-Point Rate Hikes at ‘Several’ Meetings
(Bloomberg) — Federal Reserve Governor Christopher Waller said he wants to keep raising interest rates in half-percentage point steps until inflation is easing back toward the US central bank’s ...
Good News For Markets As Fed’s Preferred Inflation Metric May Have Peaked
Jerome Powell, chairman of the US Federal Reserve, from left, Lael Brainard, vice chair of the US … [+] Federal Reserve, Philip Jefferson, governor of the US Federal Reserve, and Lisa Cook, gove...
Fed’s annual report shows most American crypto investors have ‘disproportionately high income’
? Want to work with us? CryptoSlate is hiring for a handful of positions! Roughly 12% of Americans own crypto, with most of them using it for investment purposes, according to the U.S. Federal Reserve...
Silicon Valley’s Prosperous Existence Is the Surest Sign of the Fed’s Unctuous Irrelevance
A headline at Forbes.com last week indicated rising layoffs at Silicon Valley start-ups that are said to foretell a quiet summer for venture capitalists. On the same day, an A1 story in the Wall Stree...
Fed’s Bullard Says Front-Loading Could Lead to Rate Cuts by 2023
(Bloomberg) — Federal Reserve Bank of St. Louis President James Bullard said the central bank should front-load an aggressive series of interest-rate hikes to push rates to 3.5% at year’s end, w...
Goldman CEO David Solomon says be cautious in wake of Fed’s tightening
Goldman Sachs CEO David Solomon is advising his clients to be more cautious with their finances because the Federal Reserve’s moves to combat inflation could result in recession or other negativ...
The Fed’s Plans To Slow Inflation Will Kill The Economy: Is A Recession Inevitable?
This segment of What’s Ahead examines a pernicious idea that has a vise-like grip on Federal Reserve policy and is widely accepted among economists and policymakers. The notion is that the economy is ...
Major Institutions Lost $12 Billion After the Fed’s Rate Increase – crypto.news
The major institutional investors in BTC have lost more than $12 billion in the valuation of their assets, following the crypto market’s collapse after the Federal Reserve’s interest rate increase on ...
Fed’s Waller promises to tackle inflation, says mistakes of the ’70s won’t be repeated
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday...
Fed’s Kashkari confident inflation can weaken, but not without pain
Neel Kashkari Anjali Sundaram | CNBC Minneapolis Federal Reserve President Neel Kashkari said Monday he’s confident inflation will come back to normal though it’s taking longer than he exp...
BTC and global stock markets plunge post Fed’s rate hike
Bitcoin (BTC) value plunged to $35,571 on Binance as stocks and crypto plunge Global financial business sectors dove on May 5 as the Dow Jones saw a 1,063 point drop Fed’s rate hike has a major effect...
‘Unhinged’ markets followed ‘unforced error’ by Fed’s Powell, says David Tepper
“‘Taking the optionality of 75 basis points off the table was an unforced error the Fed didn’t have to do. The Bank of England making a similar mistake the next day caused the market to become a bit u...
Fed’s fight against inflation will beat down ‘shaky’ stocks
CNBC’s Jim Cramer said Friday that the Federal Reserve’s attempts to crush inflation by raising interest rates will also inevitably bring down “formerly high-flying stocks” — e...
Vicious Stock Reversal Is Symptom of the Fed’s Feedback Problem
(Bloomberg) — Question for market experts: When U.S. stocks staged their biggest rally in two years Wednesday after the Federal Reserve enacted its first half-point rate hike since 2000, was Jer...
Despite the Fed’s big rate hike, most banks won’t pay much in interest
Jerome Powell, Federal Reserver Governor. Katie Kramer | CNBC The Federal Reserve just raised its benchmark interest rate by half a percentage point, its largest such move in more than two decades, as...
S&P 500: 10 Stocks Instantly Soar On Fed’s Big Move
Curious which S&P 500 stocks might benefit from the Federal Reserve’s biggest rate hike in decades? Well, the market just told you. X Ten stocks in the S&P 500 including information tech...
Bitcoin (BTC) Price Spikes Following Feds agreement to increase interest rates
Bitcoin (BTC) has surged, courtesy of the Feds decision to increase interest rates. The cryptocurrency soared closer to $40,000, and is still sustaining gains at press time. Asides from the big bull’s...
Dow Jones Jumps After Fed’s Biggest Rate Hike In Two Decades; Two Oil Stocks Score Breakouts
The Dow Jones Industrial Average rallied in late-afternoon trading, as did the Nasdaq and S&P 500, following comments from Fed Chairman Jerome Powell. Indexes initially were volatile after the Fed...
What the Fed’s Interest-Rate Increase Means for Your Mortgage, Loans, Savings
The Federal Reserve raised its short-term benchmark rate by a half-percentage point on Wednesday, the sharpest increase since 2000, to a range between 0.75% and 1%. Though widely expected, the move wi...
US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table – Economics Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Stock futures inch higher ahead of Fed’s big rate decision
Stock futures inched higher in overnight trading as investors braced for the Federal Reserve’s big interest rate decision on Wednesday, where the central bank is widely expected to hike rates by...
How Fed’s bigger, faster rate hikes will affect your credit card, mortgage, savings rates
Just six weeks ago, Americans were facing sharply higher borrowing costs as the Federal Reserve launched an aggressive campaign of interest rate hikes to curb soaring inflation. Now the Fed is putting...
Feds Expected to Hike Interest Rate Again
FOMC is supposed to meet this week to raise loan costs once more BTC Price at the time of writing – $38,495.02 The crypto and securities exchange execution has become exceptionally corresponded ...
Feds Expect Interest Rates to Rise to Combat Inflation
With the Federal Open Market Committee (FOMC) scheduled to meet on Wednesday, some analysts expect the committee to raise the interest rates aggressively in order to combat the rising inflation. Acco...
Bitcoin Down as Market Braces for Fed’s 50 Basis Point Rate Hike
“The Fed’s response to COVID increased the money supply by over 40%, directly providing stimulus checks and indirectly growing capital reserves through quantitative easing,” IntoTheB...
Has Inflation Peaked? Fed’s Favorite Indicator Says Maybe So—Despite Another ‘Startling’ Reading
Topline Two key inflation readings on Friday showed mixed signs for the overall economy, with the Federal Reserve’s favorite indicator suggesting the worst of rising prices may be in the past wh...