So much for the Federal Reserve being the friend of the stock market. The Dow Jones Industrial Average plunged 1,000 points on Thursday as traders reassessed what Fed Chair Jerome Powell said at his p...
Tag: Hike
Fed Will Hike Rates Again; What Will Happen to BTC?
Leave it to the Fed to say something stupid that ultimately brings down the prices of bitcoin and many of its altcoin cousins. The world’s number one digital currency is now trading for just over $40K...
Despite the Fed’s big rate hike, most banks won’t pay much in interest
Jerome Powell, Federal Reserver Governor. Katie Kramer | CNBC The Federal Reserve just raised its benchmark interest rate by half a percentage point, its largest such move in more than two decades, as...
Watch Governor Andrew Bailey speak after the Bank of England’s rate hike
[The stream is slated to start at 08:00 ET. Please refresh the page if you do not see a player above at that time.] Bank of England Governor Andrew Bailey is speaking at a press conference following t...
S&P500, Bitcoin and Gold on Rise Following Historic Rate Hike: Here’s What’s Next
Arman Shirinyan Here’s how financial assets act during historical financial event Contents What’s next? What’s there for crypto? Following the historic and long-awaited rate hike by ...
Bitcoin Remains Steady as Fed Announces Biggest Rate Hike in 22 Years
Alex Dovbnya Bitcoin has seen a mild price increase following the announcing The U.S. Federal Reserve has raised interest rates by a half-percentage point for the first time since May 2000. Bitcoin, t...
APE Price Eyes 10% Hike with $17.6 Breakout
On May 4th, the Apecoin(APE) price rebounded from the 0.786 Fibonacci retracement level($14) with a long bullish engulfing candle of 10% intraday gain. Furthermore, this sudden gain was bounded by the...
Fed Announces 0.5% Rate Hike to Fight Inflation, Highest in 22 Years
The Federal Reserve announced a 50 basis point interest rate hike during May’s Federal Open Markets Committee (FOMC) meeting. This is twice the size of the rate increase from last month, and the large...
Dow Jones Jumps After Fed’s Biggest Rate Hike In Two Decades; Two Oil Stocks Score Breakouts
The Dow Jones Industrial Average rallied in late-afternoon trading, as did the Nasdaq and S&P 500, following comments from Fed Chairman Jerome Powell. Indexes initially were volatile after the Fed...
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
WASHINGTON — The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point, the most aggressive step yet in its fight against a 40-year high in inflation. “Infla...
Bitcoin Jumps on Powell Hike – Trustnodes
Bitcoin crossed $40,000 and stocks rose by about 2% while Fed chair Jerome Powell addressed the press. Interest rates have been raised by 0.5%, less than the 0.75% some expected. The $9 trillion balan...
Institutions Trigger Fourth Straight Week of Outflows From Crypto Markets Amid Rate Hike Uncertainty: CoinShares
A leading digital assets manager says institutional investors continue a weeks-long trend of divesting from cryptocurrencies in the face of economic uncertainty. According to the latest CoinShares Dig...
Should you buy or sell the US dollar ahead of a historic rate hike?
In a few hours from now, the Federal Reserve of the United States is forecast to hike the funds rate by 50 basis points. It would be the first time since 2000 that the Fed will hike by more than 25 ba...
Fourth straight rate hike expected as inflation soars
LONDON, February 03: Governor of the Bank of England Andrew Bailey leaves after a press conference at Bank of England on February 3, 2022 in London, England. The Bank is expected to hike interest rate...
Here’s How Bitcoin (BTC) Will React to Highly-Anticipated Fed Rate Hike, According to Top Crypto Analyst
A widely followed crypto strategist is predicting how Bitcoin (BTC) will behave in response to the Federal Reserve announcing a fresh round of rate hikes. Pseudonymous analyst Pentoshi tells his 540,6...
Will Fed rate hike be a ‘clearing event’ for battered U.S. stock market? What investors are watching for on Wednesday
A little clarity from the Federal Reserve on the likely size and scope of future rate increases on Wednesday could be a balm for a bruised U.S. stock market, according to some analysts. The meeting co...
How high can the Fed hike interest rates before a recession hits? This chart suggests a low threshold.
The days when the Federal Reserve could raise its benchmark interest rate significantly above 5% without sparking a recession may be a thing of the past, according to Wells Fargo Investment Institute....
Starbucks to hike wages, double training for workers amid union push
A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela | Reuters Starbucks said it will hike wages for tenured workers and double training for new employees as the company an...
Paul Tudor Jones Bets on Bitcoin v. Stocks and Bonds Due to Massive New Rate Hike
Yuri Molchan Paul Tudor Jones says a lot of intellectual capital is flowing into crypto and that bonds and stocks are the least reliable assets now As the U.S. Federal Reserve has been discussing rais...
Democrats’ Proposed Tax Hike Is Reckless And Not The Solution To Inflation
A few days ago, Senate Majority Leader Chuck Schumer (D–NY) unveiled his solution for rising prices: higher taxes. This episode of What’s Ahead lays out why Schumer’s nostrum is the economic equivalen...
Is it safe to buy the Australian dollar after the RBA’s surprise rate hike?
The Reserve Bank of Australia (RBA) is one of the few major central banks that holds a monthly meeting to evaluate the economy and set the appropriate interest rate. It does so at the start of every m...
Devon Energy, Diamondback Earnings Soar; Shale Oil Stocks Hike Payouts, Not Production
Devon Energy and Diamondback Energy (FANG) posted better-than-expected first-quarter earnings after the close Monday. Oil prices held above $100 a barrel, while natural gas prices are near their highe...
Feds Expected to Hike Interest Rate Again
FOMC is supposed to meet this week to raise loan costs once more BTC Price at the time of writing – $38,495.02 The crypto and securities exchange execution has become exceptionally corresponded ...
Fears of a Fed mistake grow as this week’s anticipated interest rate hike looms
Jerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic policy conference in Washington, D.C, United States on March 21, 2022. Yasin Ozturk ...
FED to Hike Interest Rate! Which Way Will The Crypto Market Head In Coming Days?
The previous intraweek session was dubbed “unfruitful” since BTC and other cryptocurrencies failed to rise much. The market finished about where it began, resulting in the third week of continuous dec...
Crypto and Stock Market Falls Amid Anticipated Aggressive Fed Rate Hike
Investors will be concentrated on Central Bank of US as Fed regulators are anticipated to increase benchmark interest rates aggressively. Leading US stock indexes witnessed subsequent losses as the we...
With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions – Market Updates Bitcoin News
Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw signifi...
Bitcoin Down as Market Braces for Fed’s 50 Basis Point Rate Hike
“The Fed’s response to COVID increased the money supply by over 40%, directly providing stimulus checks and indirectly growing capital reserves through quantitative easing,” IntoTheB...
Wedge Breakout Offers 28% Hike in DOGE Price
On April 24th, the Dogecoin(DOGE) price gave daily candlestick closing below the $0.133 support, suggesting sellers may pull the coin to march bottom support of $0.111. However, today the coin chart s...
Bitcoin (BTC) Dips Below $40,000 Over Ukraine And Possibility Of Fed Rate Hike
The price of Bitcoin plummeted below $40,000 on Monday, while other cryptocurrencies saw losses, according to Coingecko data. BTC is trading extremely close to two long-term support levels but has not...