(Bloomberg) — Federal Reserve Bank of St. Louis President James Bullard left open the possibility that the central bank would raise interest rates by 75 basis points at each of its next two meet...
Tag: Feds
Torched Stocks Are About the Only Thing Working in Fed’s Favor
(Bloomberg) — Inflation shows few signs of cooling in the economy. The same cannot be said of markets, which are starting to seem like the only thing the Federal Reserve has going for it these d...
Crypto Is Bombing, and It’s Likely the Fed’s Fault
We are in a recession. The United States has experienced two consecutive quarters where the GDP is exceedingly low, and by all definitions, this is exactly what a recession is. There are many people o...
Fed’s benchmark interest rate may peak above 5% after Sept inflation data, some economists think
When the Federal Reserve started to raise its benchmark policy interest rate by super-sized 0.75 percentage points in June this year, a few Fed officials and private sector economists talked about how...
Fed’s Top Bank Watchdog Eyes new Regulation for Banks Doing Crypto
In the past few months, the U.S. The financial meltdown is on the rise. Michael Barr talked about increasing money laundering, theft, high volatility, and fraud. On 12 October, Michael Barr, Vice C...
Fed’s Mester says there’s been no progress on inflation, so interest rates need to move higher
With little or no progress made on bringing inflation down, the Federal Reserve needs to continue raising interest rates, Cleveland Fed President Loretta Mester said Tuesday. “At some point, you know,...
Why the Feds couldn’t secure a crypto hardware wallet
The IRS and FBI have caught a hacker responsible for stealing millions of dollars in digital assets from a hardware wallet that law enforcement authorities had seized in another case. The heist is not...
Fed’s Evans says fighting inflation is the top priority even if that means job losses
Chicago Federal Reserve President Charles Evans said the central bank is holding fast in its commitment to bring down inflation even if it means people losing their jobs. Speaking three weeks before t...
‘Fragile Liquidity’ in Bond Market Could Threaten Fed’s QT Plans
(Bloomberg) — The unwind of the Federal Reserve’s balance sheet is running at its maximum capacity, though just how long it could go depends on whether global bond markets can continue to functi...
Bond Traders Follow Fed’s Lead With No Let-Up in Inflation Fight
(Bloomberg) — Bond traders are learning to follow the oldest rule in the book: don’t fight the Fed. Most Read from Bloomberg While Treasury yields have seen periodic pullbacks on hope the centra...
Fed’s Williams Sees Rates Heading to Around 4.5% to Cool Prices
(Bloomberg) — Federal Reserve Bank of New York President John Williams said interest rates need to rise to around 4.5% over time but the pace and ultimate peak of the tightening campaign will hi...
Why the Fed’s hikes are not showing up in your savings account
The US Federal Reserve’s latest bout of interest rate hikes has been brutal. Over the past seven months, the cost of borrowing has shot up at a pace that’s never been seen before. This week, US mortga...
Feds Lost Millions in Bitcoin Acquired From Criminal Investigations of Helix Mixers – crypto.news
Recent reports indicate that over $5 million worth of crypto tokens were stolen from a storage device held by the Feds. According to Bloomberg’s reports, the Feds acquired this amount from criminal in...
The Fed’s reverse repo use just hit a fresh record of $2.4 trillion — why that’s one of the clearest ‘bad signs’ for the market
The Fed’s reverse repo use just hit a fresh record of $2.4 trillion — why that’s one of the clearest ‘bad signs’ for the market There’s been yet another record-high uptake in t...
Hacker Forfeits $21,849,087 Worth of Bitcoin to Feds, Sentenced to 20 Years in Prison
A Canadian hacker is forfeiting millions of dollars worth of Bitcoin (BTC) to the U.S. government while facing a multi-decade prison sentence. According to a new press release from the Department of J...
Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion – Economics Bitcoin News
A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The ne...
Visa ‘stands to lose the most’ from Fed’s new debit-card rules, analyst says
Newly solidified Federal Reserve guidelines on debit-card routing could have some impact on the financial performance of payment-technology companies, but the latest rules weren’t as onerous for the c...
Fed’s Williams sees steep decline in inflation ahead
Cooling global demand and steady improvements in supply should result in falling rates of inflation for goods over the next year, New York Fed President John Williams said Monday. “These factors shoul...
Niecy Nash-Betts Walks The Line Between Comedy And Drama In ‘The Rookie: Feds’
THE ROOKIE: FEDS – pictured (l to R) James Lesure, Niecy Nash-Betts. (ABC/Eric McCandless) Nobody’s perfect. Certainly not her character in the new series, Rookie: Feds, says Niecy Nash Betts. I...
Bitcoin Flat at $19K Ahead of Fed’s Emergency Meeting: Market Watch
Bitcoin continues to trade at around $19,000, with little-to-no moves, but all of that can change later today as the US Fed is scheduled to host an emergency meeting. The alternative coins, though, ar...
Retail Recession – Biden Vs Trump: Self-Induced Or Fueled By The Feds?
Businessman grabs the head concept with business chart on scoreboard getty The economy tightens, election day approaches – and retail pundits wonder if trade policies developed by the Team-Biden...
Fed’s Preferred Inflation Measure Comes In Hot
Federal Reserve Board Chairman Jerome Powell Friday, Sept. 23, 2022, in Washington. August PCE … [+] inflation came in relatively hot, which may lead the Fed to contemplate further rate increase...
‘We are in deep trouble’: Billionaire investor Druckenmiller believes Fed’s monetary tightening will push the economy into recession in 2023
Billionaire investor Stanley Druckenmiller sees a “hard landing” for the U.S. economy by the end of 2023 as the Federal Reserve’s aggressive monetary tightening will result in a recession. “I will be...
Feds, Seminole Tribe Invoke IGRA ‘Jurisdiction-Shifting’ In Bid To Revive Online Sports Betting in Florida
(Photo by PAUL ELLIS/AFP via Getty Images) AFP via Getty Images In their latest court filings, the Seminole Tribe and the United States Department of the Interior have articulated a novel, if not lega...
Jobless claims hit five-month low despite Fed’s efforts to slow labor market
A person arranges groceries in El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., August 19, 2022. Sarah Silbiger | Reuters Initial filings for unemployment claims fell last we...
Fed’s Powell stresses on the significance of DeFi regulation and…
Jerome Powell, the chairman of the U.S. Federal Reserve, has spoken out over the growth of decentralized finance (DeFi) and its effects on the conventional financial environment, urging for appropriat...
Cathie Wood just called out the Fed’s biggest blind spot and warns of significant ‘price deflation in the pipeline’ — here are the top 3 stocks she likes right now
Cathie Wood just called out the Fed’s biggest blind spot and warns of significant ‘price deflation in the pipeline’ — here are the top 3 stocks she likes right now It’s no secret tha...
Feds sought to jail father while son is at large
Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Federal authorities sought to detain one of the men charged in an alleged multiyear fraud scheme involving a neighborhood deli in a small New Jersey to...
What The Fed’s Rate Hike Will Mean For Holiday Shopping
Walmart announced that it will offer thousands more Rollbacks this holiday shopping period on the … [+] hottest categories including toys, home, electronics and beauty. (Photo by Sarah Silbiger/...
Weekend reads: How the Fed’s punishing policy can set you up for massive gains in the stock market
During a long bear market, investors’ moods can be so bleak and muddy that they cannot envision better times. But they always come. Warren Buffett has shown repeatedly over the decades how to enhance ...