The Federal Reserve may begin reducing its balance sheet as soon as its May 3-4 policy meeting to address the level of U.S. inflation that have become “particularly acute,” New York Fed chair John Wil...
Tag: Feds
The Fed’s preferred inflation gauge rose 5.4% in February, the highest since 1983
The Federal Reserve’s favorite inflation measure showed intensifying price pressures in February, rising to its highest annual level since 1983, the Commerce Department reported Thursday. Exclud...
U.S. inflation jumps again and hits 6.4% rate, the Fed’s favorite price gauge shows
The numbers: The Federal Reserve’s favorite inflation calculator rose a sharp 0.6% in February and kept the increase over the past year at a 40-year high, explaining why the central bank plans to move...
Innovation In Payments Systems Can Be A Healthy Thing” Fed’s Secretary Yellen On Crypto ⋆ ZyCrypto
Advertisement     The U.S. Treasury and other regulatory agencies are already working on cryptocurrency regulations, weeks after president Joe Biden signed an executiv...
Fed’s Patrick Harker says he thinks the U.S. can avoid a recession, even amid troubling signs
Despite on ominous indicator hanging over the economy and higher interest rates on the way, Philadelphia Federal Reserve President Patrick Harker said Tuesday that he doesn’t think the U.S. is h...
Feds Charge Two 20-Year-Olds In Alleged NFT Money Laundering, ‘Rug Pull’ Scheme
Some of the art used to market Frosties, a NFT project prosecutors say led to a $1.1 million … [+] swindle. Courtesy DOJ The Department of Justice hit a pair of 20-year-olds with fraud and money...
Fed’s Powell Again Raises Alarms Over ‘Financial Stability’ of Crypto Products
Federal Reserve Chairman Jerome Powell is worried about crypto—again. The U.S. central bank chief reportedly said today that new forms of digital money, such as cryptocurrencies and stablecoins, pres...
Dow ends 200 points lower after Fed’s Powell leaves door open to larger rate hikes
Federal Reserve Chairman Jerome Powell Samuel Corum/Getty Images Stocks fell Monday after Federal Reserve Chairman Jerome Powell left the door open to the prospect of bigger rate hikes to bring down i...
Fed’s Powell sees the light — and turns far more hawkish than expected
After remaining stubbornly dovish last year, Federal Reserve Chairman Jerome Powell on Wednesday jumped the central bank squarely into the hawkish camp at his press conference on Wednesday. “The March...
The Market Rose on the Fed’s Rate Hikes. What It Might Be Missing.
Text size Fed Chair Jerome Powell told reporters Wednesday the central bank had the tools to bring inflation down. Photographer: Julia Nikhinson/Bloomberg It may not rank with the “whatever it takes” ...
St. Louis Fed’s Bullard says the central bank should raise rates above 3% this year
James Bullard David Orrell | CNBC St. Louis Fed President James Bullard said Friday he thinks the central bank should raise interest rates the equivalent of 12 times this year to convince the public i...
Crypto Surged As Fed’s Rate Hike Was Partially Priced In: Santiment
Yuri Molchan Santiment believes that the recent increase in crypto prices happened despite by the Fed’s rate hike Santiment has suggested a reason why the crypto prices have been going up despite the ...
Bitcoin rises to over $40k as Feds increase rate
The Federal Reserve has issued a public statement announcing a hike in interest rate after the FOMC meeting. According to the statement, the Committee has decided to “raise the target range for the fe...
Bitcoin to have no positive effect with Fed’s increased rate
Bitcoin price to have a suboptimal reaction with the increase of Fed rates The price has sustained $41,000 price range with the inflation going up The increase of 25 basis points in the rate has exc...
Bitcoin, Avalanche, Polygon Rise After Fed’s Rate Hike As On-Chain Data Cites Super Bullish Factor ⋆ ZyCrypto
Advertisement     Key Takeaways Bitcoin, Avalanche, Polygon bounce from the FED’s rate hike. Bitcoin has already recorded decent gains following the announcement. Mar...
Bitcoin Reclaims $40K After the Enhanced Volatility Prompted by Fed’s Interest Hike (Market Watch)
Bitcoin’s price went down and up by a few grand following the US Federal Reserve’s announcement about increasing interest rates. Avalanche has marked the most substantial price increase from the altco...
Feds Accuse China Of Campaign To Intimidate Critics In U.S.
Topline The Department of Justice on Wednesday charged five people with working on the Chinese government’s behalf to intimidate China critics and a New York congressional candidate, part of what fede...
Why Fed’s first rate hike since 2018 isn’t the key to economy’s future
The Federal Reserve is about to raise its benchmark interest rate for the first time since 2018, but it’s already time for the market to look past this well-telegraphed move, according to Kathy ...
Feds increased rate won’t positively affect Bitcoin price, here is why
While many analysts predict that the hiked interest rate by the Feds would lead to a positive movement in the price performance of Bitcoin, a leading billionaire investor, however, disagrees with this...
U.S. stocks could rally out of Fed’s rate meeting on Wednesday
Fed Chair Jerome Powell is expected to sign a 25 basis points increase in interest rates on Wednesday and Ironside Macroeconomics’ director of research says the U.S. stocks could rally on the bi...
Stock futures rise as investors monitor Russia-Ukraine war, Fed’s next move
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 11, 2022. Brendan McDermid | Reuters Stock futures rose in overnight trading Sunday ahead of an important week a...
A bet so good that JPMorgan called the Feds
One thing to start: Amazon has announced a 20-for-1 stock split and a share buyback of up to $10bn, in an effort to boost its stock price in the face of heavy operating costs and concerns over staff r...
Fed’s Powell Set to Remove Punch Bowl That Lubricated Crypto Party
“Our assumption is that the updraft in commodity prices will diminish into mid-year, and base effects will finally allow an emerging downtrend in the year-over-year inflation metrics,” Eng...
Chicago Fed’s Charles Evans cautions on inflation’s hit to small businesses
Small businesses will be facing growing challenges from inflation and higher wages, Chicago Federal Reserve President Charles Evans said Friday. Even with average earnings flattening out in February, ...
Fed’s favorite inflation gauge up 5.2% for biggest annual gain since 1983
A key inflation measure showed that prices rose at their fastest level in nearly 39 years, but it didn’t deter consumers from spending aggressively, the Commerce Department reported Friday. The ...
Russia invaded Ukraine: could it change Fed’s response to inflation?
The global financial markets are riling up on Thursday after Russia launched a full-scale invasion of Ukraine that sent Brent Crude above $100 a barrel for the first time since 2014. U.S. Fed will hav...
Fed’s Brainard Mentions Use-Cases for a US CBDC
While so far, the US Federal Reserve doesn’t know whether it will issue its own central bank digital currency (CBDC), Lael Brainard, Federal Reserve Board Governor, on Friday highlighted several reaso...
No crypto and stock investments for Feds senior officials
The Federal Open Market Committee (FOMC) has adopted the rules banning senior Feds officials from trading stocks and cryptocurrency. The new rules formally establish guidelines that were first announc...
Marine Reservist charged in Jan. 6 Capitol riot sold fake Covid cards, feds say
A stack of COVID-19 Vaccination Record Cards from the CDC. Ben Hasty | MediaNews Group | Getty Images A U.S. Marine Corps Reservist from New York who previously was arrested on charges related to part...
How Will the Fed’s New Interest Rate Policy Affect Real Estate Prices?
Text size Rising mortgage rates will further restrict housing affordability. Brandon Bell/Getty Images About the author: Clare Losey is an assistant research economist at Texas A&M University’s Te...