James Bullard Olivia Michael | CNBC NEW YORK — St. Louis Federal Reserve President James Bullard cautioned Thursday that without central bank action on interest rates, inflation could become an even m...
Tag: Feds
Fed’s Daly advocates for a ‘measured’ approach as rate hike expectations rise
San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, July 16, 2019. Ann Saphir | Reuters The Federal Reserve should be measured i...
Inflation’s on fire, and the Fed’s poised to act. Here’s how markets and the economy have reacted to the first hike in a cycle.
After Thursday’s shocking inflation reading showing year-over-year consumer price growth of 7.5%, an interest-rate hike could come quite literally at any time, though the most likely timing would be t...
The Feds Just Seized $3.6 Billion in Bitcoin. Who Gets to Keep It?
In brief Bitfinex says it is entitled to the return of more than 94,000 Bitcoins as the “victim” of the hack. That may be unlikely given the company is under a cloud of regulatory and poss...
Fed’s Mester says ‘each meeting is going to be in play’ for rate hikes this year
Cleveland Federal Reserve President Loretta Mester laid out an aggressive plan for reducing easy-money policies this year, saying the central bank will be ready to hike rates at any meeting and should...
Fed’s Bostic says more than 3 hikes possible this year, but needs to see how economy responds
Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta. Christopher Dilts | Bloomberg | Getty Images Atlanta Federal Reserve President Raphael Bostic said Wednesd...
Feds Seize $3.6 Billion In Stolen Bitcoin, Arrest Couple Five Years After Massive Crypto Exchange Hack
Topline U.S. authorities arrested a New York City couple Tuesday for allegedly conspiring to launder $4.5 billion worth of bitcoin stolen during a hack of cryptocurrency exchange Bitfinex in 2016, $3....
Use Short-Term Corporate Bonds Like These 4 To Wait Out The Fed’s Coming Rate Hikes
Fed rate hikes anticipated throughout 2022 getty It’s now official, the Federal Reserve is loading up for its anti-inflation rate increases. The Fed’s reasoning for raising interest rates is well docu...
Housing Market Is the Fed’s Frankenstein, and It Won’t Be Easily Tamed
Fed chief Jerome Powell says there is an ‘element of uncertainty around the balance sheet’ and the central bank’s plans to shrink it from the pandemic-inflated $9 trillion at which it now stands. Grae...
How The Fed’s Move Could Affect The Crypto Market
The Federal Reserve (Fed) had its January Federal Open Market Committee (FOMC) meeting on Wednesday and the crypto market tumbled afterward. The Fed’s move, although hawkish, wasn’t a complete surpris...
Bitcoin down 50% amid fear of Fed’s hawkish rate hikes
This year has been nothing short of a blood bath for bitcoin. The market has not seen a bitcoin (BTC) price this low since July last year. Corrections in 2017, and early 2021 were much shallower – bet...
Bitcoin (BTC) Heads towards sub-$30,000 as the FED’s January Policy Decision Nears
Bitcoin (BTC) and the broader market were back in the deep red on Saturday. A 4th consecutive day in the red saw Bitcoin visit sub-$35,000 levels for the first time since 25th July. On the day, Bitcoi...
The Fed’s proposed CBDC: a dystopian nightmare or a necessary evolution of the dollar?
The U.S. Federal Reserve has taken its first step towards issuing a central bank digital currency (CBDC). And while a digital dollar is still years away even if the Fed decides to move forward with th...
Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’ – Economics Bitcoin News
On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes...
Key Highlights from Fed’s Report on Digital Dollar
Alex Dovbnya The Fed says that a US CBDC might help preserve the dollar’s hegemony The U.S. Federal Reserve has released its much-awaited research paper that explores the viability of launching a cent...
Fed’s Harker calls for ‘action on inflation,’ sees 3 or 4 rate hikes
Philadelphia Fed President Patrick Harker said Thursday he foresees three or four interest rate hikes this year as likely to fight inflation. His thinking, outlined in a live interview on CNBC’s...
US legislator proposes bill pointed toward restricting Fed’s ability to issue CBDC
Tom Emmer to introduce a bill intended to prevent the Federal Reserve from acting as a retail bank Bill will prohibit the Fed from issuing CBDC Experts opine that Feds shouldn’t have the authority to ...
U.S. Congressman Introduces Bill to Limit Fed’s CBDC Powers
Key Takeaways Tom Emmer, U.S. Representative from Minnesota, has introduced a bill that would prevent the Federal Reserve from issuing CBDCs directly to individuals. The new legislation would be an am...
Jerome Powell softens regulatory stance against stablecoins, says can coexist with the Fed’s CBDC
In a Senate Banking Commitee press conference this past Wednesday, Federal Reserve Chair Jerome Powell clarified in response to a question on whether a potential Fed CBDC would preclude the existence ...
Inflation Spiked Another 7% In December—Hitting New 39-Year High As Fed’s Price Concerns Rattle Markets
Topline Consumer prices rose 7% in the 12 months ending in December, according to data released Friday by the Labor Department, ticking up only slightly after a massive surge in recent months but stil...
Cathie Wood rejects Fed’s inflation “jawboning,” pivots back to deflation narrative
Wall Street’s rate-hike jitters have wreaked havoc on high-growth tech stocks — and Cathie Wood’s Ark ETFs were front and center for the damage yet again. Still, Wood dismissed concerns over inflation...
Feds Say Bitcoin ATMs May Be Facilitating Sex Trafficking
The United States Government Accountability Office (GAO) has published a report detailing how cryptocurrencies—and crypto kiosks—may be used to facilitate human and drug trafficking. A crypto kiosk is...
How The Fed’s Actions Might Affect the Cryptocurrency
The bitcoin mood is getting a little dark. The regulator announced on 15th December that the economic stimulus program would be cut back. Could this announcement lead to increased chances of another d...
Fed’s Outgoing Vice Chair Richard Clarida’s ‘Rebalancing’ Trades Ignite Fed Trading Ethics Scandal – Economics Bitcoin News
Members of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing v...
Bitcoin Risks Plunging Below $40k Following Fed’s Plan To Raise Interest Rates ⋆ ZyCrypto
Advertisement     Bitcoin trades at $41,884 to the consternation of investors. The Fed’s proposed hike in interest rates plays a key role in the asset’s slump. Altcoin...
How Could Reducing the Pace of the Fed’s Asset Purchases Affect Bitcoin?
HodlX Guest Post Submit Your Post On December 15, 2021, the US Federal Reserve policymaker Jerome Powell announced that it would double accelerate reducing the asset purchases program from the mark...
The Fed’s Great Unwinding Will Undercut Both Bonds And Stocks
From uptrend to selloff on way to shakeout getty The Federal Reserve’s tapering and interest-raising just swung from maybe later to for-sure now. That shift is the ominous inflation signal that ...
The Fed’s Warning Crashes Bitcoin And Crypto Prices—A Shaky Year Ahead
This week, the price of Bitcoin (BTC) and other cryptocurrencies sank after the Fed released the minutes of its December meeting, which revealed a U-turn in its policy that might not bode well for cry...
Markets and the economy brace as the Fed’s first hike could come in two months
The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images If everything goes according to plan, the Federal Reserve in a little over two months will en...