Opinion: There’s a big hole in the Fed’s theory of inflation—incomes are falling at a record 10.9% rate

The most concerning thing about Thursday’s report on U.S. gross domestic product for the first quarter wasn’t that the first line of the first table showed that real GDP fell at a 1.4% annual rate. It...

Stock Rout Is Fed’s ‘Best-Case Scenario’ as Powell-Put Era Ends

(Bloomberg) — If you’re a Federal Reserve policy maker, the stock selloff of the last few weeks comes with a silver lining. Most Read from Bloomberg Financial conditions — a cross-asset me...

The Bond Vigilantes Are Back, Overriding The Fed’s ‘Go Slow’ Policy

Bond vigilantes riding to the rescue getty Inflation is galloping, real yields are tanking and Federal Reserve heels are dragging. Wall Street’s bond professionals have seen enough. The lack of ...

Senate Confirms Lael Brainard As Fed’s New Vice Chair. Here’s What We Know.

Topline The Senate on Tuesday confirmed President Joe Biden’s appointment of Federal Reserve Gov. Lael Brainard as the central bank’s vice chair, elevating one of the Fed’s most outspoken climat...

The Fed’s Interest Rate Hikes Could Be Even Worse Than Feared

Text size Federal Reserve Chairman Jerome Powell. Tom Williams/Pool/Getty Images Don’t fight the Fed has long been a Wall Street motto. But the nation’s central bank thus far has been a reluctant figh...

Fed’s Mester casts doubt on the need for ‘shock’ interest rate hikes ahead

Cleveland Federal Reserve President Loretta Mester said Friday she’s in favor of raising interest rates quickly to bring down inflation, but not so quickly as to disrupt the economic recovery. T...

Bitcoin Recoils After Fed’s Hawkish Comments — Ether, Cardano, AVAX, Solana Brace For Weekend Dip ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bitcoin continued to struggle to stay afloat Friday, April 22 after suffering yet another beatdown on Thursday following hawkish comments by the Fed....

‘They Won’t Be Immune’ — The Fed’s Stark Warning Sends The Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, And Dogecoin Into Free Fall

After a brief rally, Bitcoin BTC and other cryptocurrencies pulled back again this week. The bitcoin price retreated to nearly $40,000, and is now 5.5% down from this week’s high. Ethereum’s price dro...

Fed’s Powell Puts Half-Point Rate Hike on the Table for May

Text size Fed Chair Jerome Powell will appear on a panel Thursday with European Central Bank President Christine Lagarde. Graeme Jennings/Pool/AFP/Getty Images Federal Reserve Chairman Jerome Powell c...

Feds Charge 21 In Sweeping Covid Fraud Crackdown

Topline The Department of Justice announced charges Tuesday against 21 defendants accused of participating in pandemic fraud schemes ranging from making counterfeit vaccination cards to selling fake h...

Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin – Economics Bitcoin News

As inflation continues to wreak havoc on the lives of ordinary American citizens, all eyes are focused on the U.S. Federal Reserve’s plans to fix the situation. Meanwhile, as the St. Louis Fed preside...

Fed’s Daly says the economy can handle rate hikes, but a mild recession is possible

Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, November 12 2018. Ann Saphir | Reuters San Francisco...

Fed’s Bostic expresses caution about the pace of interest rate hikes

Atlanta Federal Reserve President Raphael Bostic on Tuesday expressed concern about the impact that rate hikes could have on the U.S. economic recovery, saying the central bank shouldn’t move so...

Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate Hike – Bitcoin News

The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes th...

Economist Predicts the Fed’s Response to Inflation Will Push Crypto Higher – Economics Bitcoin News

Allianz Chief Economic Advisor Mohamed El-Erian says that the Federal Reserve’s response to inflation will cause the prices of cryptocurrencies, like bitcoin, to “go higher.” He noted: “That’s what yo...

Biden to nominate former Ripple advisor Michael Barr as the Fed’s bank oversight chief

US president Joe Biden has said he plans to nominate Michael Barr to be the Federal Reserve’s next vice chair of supervision. Barr, who was previously said to be under consideration to lead the ...

BlackRock Strategists Say Traders Are Wrong About Fed’s Path

(Bloomberg) — Strategists from the world’s biggest asset manager are challenging traders betting that the Federal Reserve will raise rates to around 3% next year, saying that policy makers will ...

How The Feds Are Causing High Gas Prices At The Pump

WASHINGTON, DC – APRIL 11: White House Press Secretary Jen Psaki speaks during the daily press … [+] briefing at the White House April 11, 2022 in Washington, DC. Psaki spoke about Preside...

Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding – Bitcoin News

Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars ...

Fed’s Waller sees likelihood of multiple half-point interest rate hikes ahead

Getting inflation under control will require raising interest rates at a faster pace than normal even though the pace of price increases probably has peaked, Federal Reserve Governor Christopher Walle...

US Dollar Returns to Positive Road as Feds Give Assurance

The USD seems to be getting healthy from the impacts of the ongoing war in Ukraine. The greenback got back in line after a slight setback as per the reports. The US inflation, which was expected to br...

US Stock Market Records Bullish Resurgence as Investors Weigh in on Fed’s Policy

Despite the hike in interest rate by 25 basis points back in March, inflation is still not well tamed in the US and the stock market is pricing in this reality. The US stock market experienced a bulli...

Carnage is epic in bonds due to Fed’s inflation error: Jim Bianco

There may be no escape from the bond market turmoil — even for stock investors. Market researcher Jim Bianco warns critical Federal Reserve policies to control wild inflation will inflict widespread l...

Fed’s Bullard says interest rate policy is ‘behind the curve’ but ‘all is not lost’

James Bullard Olivia Michael | CNBC The Federal Reserve needs to raise interest rates substantially to control inflation but may not be as “behind the curve” as it appears, St. Louis Fed P...

The Fed’s plan to rapidly slash its balance sheet is out. Here’s what happens to money in the system.

Minutes of the Federal Reserve’s March meeting released on Wednesday detailed plans for shrinking its nearly $9 trillion balance sheet to help cool U.S. inflation running at 40-year highs, but tricky ...

Feds Seize $34 Million In Bitcoin From Dark Web Seller – One Of The Biggest Seizures In US

Miami, a city known for its opulent lifestyles and cryptocurrency-friendly laws and mayor, has seen one of the most aggressive crackdowns on cybercriminals using bitcoin. Federal prosecutors confiscat...

Markets are hankering to find out the Fed’s plan to shrink its $9 trillion balance sheet. They should get their wish Wednesday

Markets have been craving information about how the Federal Reserve plans to shrink its massive $9 trillion balance sheet. They will get their wish Wednesday when the Fed releases minutes of its March...

Heed warnings from Fed’s Brainard and sell some stocks

Investors should take Federal Reserve Governor Lael Brainard’s inflation policy comments to heart and sell some holdings, CNBC’s Jim Cramer said Tuesday. “This is not a sell everythi...

Fed’s Mary Daly says high inflation ‘is as harmful as not having a job’

San Francisco Federal Reserve Bank chief of research Mary Daly stands near the podium before a speech at the CFA Society in San Francisco, California, U.S. July 10 2018. Ann Saphir | Reuters San Franc...

Miami feds rain down heavily on identity thief: Seize Bitcoin worth $34 million

TL;DR Breakdown Federal authorities in South Florida rained down heavily on a Parkland resident. The authorities have successfully seized more than $34 in Bitcoin This is one of the biggest amounts th...

Feds Seize $34 Million in Crypto From Unidentified Florida Man – Bitcoin News

On April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in F...

Fed’s Brainard sees balance sheet reduction soon and ‘at a rapid pace’

Lael Brainard, Federal Reserve governor and President Bidens nominee to be the new vice-chair of the Federal Reserve, speaks during her nomination hearing with the Senate Banking Committee on Capitol ...