Alex Dovbnya Nomura Securities predicts that the Fed is likely to go for a 100-basis-point rate hike The largest cryptocurrencies have extended their losses, with the price of Bitcoin (BTC) slipping t...
Tag: Hike
Rate Hike Risk Shakes Hong Kong, Mainland Holds Up Better
China Last Night KraneShares Key News Asian equities followed the U.S. south after the higher-than-expected inflation print in July and heightened expectations of rate hikes from the U.S. Federal Rese...
Goldman Sachs Predicts Interest Rate Hike For Next Three Months
With the release of Consumer Price Index on Tuesday, the cryptocurrency market responded negatively. The data showed an inflation of 8.30% year on year while the core CPI was also worse than expected....
Next Fed rate hike to spark dangerous game in economy: Peter Boockvar
The market’s violent reaction to hotter-than-expected inflation may usher in more losses. Investor Peter Boockvar believes Wall Street is coming to grips with a painful reality: Inflation isn...
Bitcoin Hash Rate Skyrockets Amid 55% Hike In 2 Months
With the swings in the crypto market, Bitcoin has been at different unexpected levels this year. The crypto winter in the year’s first half gave the leading crypto asset a blow off its balance. As a r...
Unusually Large Interest Hike Now Extremely Likely After Bad CPI Data
The Consumer Price Index released today is not good news for the crypto market. The CPI data points to an 8.3% YoY inflation, instead of the expected 8.1%. The core CPI is also worse than expected. As...
US Inflation Pegs at 8.3%, May Not Deter Fed’s Intended Rate Hike
With interest rates set to be hiked following this growing inflation figure, the US market is waking up with a bearish reaction to the news. The US Bureau of Labor Statistics (BLS) has released the co...
Dow Jones Futures: Stocks Dive On Call For Biggest Fed Rate Hike In 40 Years; Apple, Tesla Tumble
Dow Jones futures tilted higher overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally plunged Tuesday on a hotter-than-expected inflation report, with the major indexes ...
The biggest Fed rate hike in 40 years? It could be coming next week.
Desperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a k...
Bitcoin sinks as CPI inflation hits 8.3%, shortening odds of 3rd consecutive 75 bps hike
The price of Bitcoin sank following the release of Consumer Price Index (CPI) data by the U.S. Bureau of Labor Statistics (BLS), showing a 0.1% increase in August, taking the unadjusted value to 8.3%....
Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation – Economics Bitcoin News
Tesla CEO Elon Musk has warned that a major rate hike by the Federal Reserve risks deflation in the U.S. economy. Musk’s warning followed an analysis by Ark Invest CEO Cathie Wood, who cautioned that ...
Fed Rush to Cool Inflation Set to Continue With Another Big Hike
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Federal Reserve officials look on track for another jumbo ...
Hike in XRP’s marketcap dominance has holders, whales feeling like…
XRP seems to have entered the bullish zone after its breakout from the $0.337-level on the chart. At the time of writing, XRP was trading above the $0.355-level on the back of a 0.5% hike in 24 hours....
Safe moon Inu records a price hike, but another token overtakes it in terms of utility
Join Our Telegram channel to stay up to date on breaking news coverage Within the last two years, memecoins have managed to outperform almost every cryptocurrency category. Since the start of 2021, Do...
U.S. stocks suffer largest weekly outflows in 11 weeks as investors brace for possible jumbo Fed rate hike
Investors withdrew billions of dollars out of U.S. equities funds over the past week as central bankers’ hawkish messaging fueled fears of deeper economic downturn. U.S. stock funds recorded the bigg...
Elon Musk Says Interest Hike by Fed Risks of Deflation
Bitcoin News On September 21st, 2022, the Federal Reserve Board will determine the next hike. Economist Peter Schiff is sounding the alarm about imminent hyperinflation. Elon Musk, CEO of Tesla and Sp...
Shiba Inu Coin (SHIB) Price Prediction 2025-2030: Will SHIB see a >2800% hike by 2030?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Everyone loves dogs. Everyone love...
Wall Street, Fed officials warm to idea of third-straight 0.75% interest rate hike
A series of Wall Street banks lifted expectations this week for the Federal Reserve’s next move. Economists at Bank of America, Goldman Sachs, and Nomura now project policymakers will deliver a ...
Fed’s Waller sees ‘significant’ rate hike this month, backs data-dependent approach
Federal Reserve Governor Christopher Waller on Friday echoed recent sentiments from his colleagues, saying he expects a big interest rate increase later this month. He also said policymakers should st...
Analyzing Voyager’s anti-ageing spell post 2000% hike in trading volume
Voyager token (VGX), the native cryptocurrency of the ‘troubled’ Voyager platform seems to be under an anti-aging spell. Herein, the only notable gain out of the top 200 coins came from the embattled ...
European Central Bank makes the largest-ever rate hike to tackle inflation
Despite fears of a potential recession in the eurozone caused by rising energy prices, the European Central Bank (ECB), on September 8, raised interest rates by a record 75 basis points to tackle the ...
Why the ECB’s jumbo rate hike isn’t helping the beaten-down euro
The European Central Bank went big on Thursday, delivering a historically outsize 75 basis-point interest rate increase in its effort to get a grip on record inflation. Yet the euro, after a brief bou...
Apple ditched price hike on iPhone 14: ‘they can maintain margins’
The iPhone 14 is here – and it’s uniquely more exciting for the consumers since Apple Inc (NASDAQ: AAPL) decided in favour of not raising the price of its new handset in the United States. Could that ...
ECB Rate Hike Means Recession Looms, Oil Bull Running On Fumes
ECB raises its main overnight lending rate to 1.25% from 0.5% on Thursday. It has a long way to go … [+] if it wants to fight 8.9% inflation in Western Europe. (Photo by Hannelore Foerster/Getty...
Bitcoin holds steady as ECB implements 75 bps rate hike
Crypto market leader Bitcoin continued trading flat after the European Central Bank (ECB) announced a 75 basis point hike on Thursday. Source: BTCUSDT on TradingView.com At the end of August, Eurozone...
Is the DAX index a safe buy after the ECB jumbo rate hike?
The DAX index pulled back on Thursday after the latest interest rate decision by the European Central Bank (ECB). It retreated to a low of €12,825, which was about 8.15% below the highest point in Aug...
Watch Christine Lagarde speak after the ECB announces rate hike
[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference after...
Market bracing for another three-quarter point hike from the Fed this month
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, DC, on July 27, 2022. Mandel Ngan | AFP | Getty Images Traders are now seeing a near-certainty that the Fede...
Markets Still Doubt Fed Rate Hike Plans, Franklin’s Desai Says
(Bloomberg) — Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is und...
Bitcoin, Ether Consolidate as Traders Eye U.S. Jobs Report to Gauge Next Fed Rate Hike
The tighter the labor market, the stickier inflation and the more pro-tightening, or hawkish, the Fed will be. Risk assets, including cryptocurrencies, are addicted to cheap liquidity and have taken a...
Gold falls 0.6% after Fed Chair comments and ECB’s 75 bps rate hike
Gold price was struggling to hold above $1,717 an ounce on Thursday afternoon following a dip from intraday highs above $1,728 to lows of $1,711 an ounce, this as a soaring US dollar and US Treasury y...