WASHINGTON, DC – JULY 17: Federal Reserve Board Chairman Jerome Powell testifies during a hearing … [+] before the Senate Banking, Housing and Urban Affairs Committee July 17, 2018 on Capi...
Tag: Hike
Fed Keeps Interest Rates at Zero, Says Hike Appropriate ‘Soon’
The U.S. Federal Reserve said Wednesday it would hold interest rates near zero, even as it edges closer to removing some of the extraordinary stimulus provided to financial markets since the coronavir...
Fed Readies March Interest Rate Hike To Fight Inflation Surge Despite Stock Market Plunge
Topline In an effort to combat a decades-high surge in inflation, the Federal Reserve will move to raise interest rates “soon,” officials said at the end of a two-day policy meeting Wednesday—a largel...
Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting
(Bloomberg) — Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in ...
Federal Reserve points to interest rate hike coming in March
Facing both turbulent financial markets and raging inflation, the Federal Reserve on Wednesday indicated it could soon raise interest rates for the first time in more than three years. In a move that ...
Stocks Jump After Federal Reserve Confirms March Interest Rate Hike To Fight Surging Inflation
Topline The stock market ticked higher on Wednesday after the Federal Reserve reassured investors that it would “soon” begin raising interest rates in March as it looks to combat a decades-high surge ...
The Federal Reserve is likely to signal a March rate hike
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, ...
U.S. Stocks Historically Deliver Strong Gains in Fed Hike Cycles
(Bloomberg) — As the Nasdaq 100 comes off its worst week since the pandemic selloff in March 2020, investors now have to contend with Wednesday’s Fed meeting, where officials are expected to sig...
If the Fed wanted to stop inflation, it would need to hike rates to nearly 6%: expert
Interactive Brokers founder Thomas Peterffy says he is worried about the higher interest rates coming soon from a Federal Reserve behind the curve on inflation. “I am worried about high interes...
De Beers Implements Big Diamond Price Hike as Demand Runs Hot
(Bloomberg) — De Beers pushed through one of its most aggressive diamond price increases in recent years as the world’s biggest producer of the stones cashes in on a buying frenzy for uncut gems...
Fed needs to ‘shock and awe’ the market with one big rate hike, Bill Ackman says
Billionaire hedge-fund manager Bill Ackman said the Federal Reserve needs to deliver old-fashioned “shock and awe” to financial markets by delivering a much larger onetime increase to benchmark intere...
Fed Needs Half-Point Rate Hike to Regain Credibility: Ackman
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Billionaire investor Bill Ackman says the Federal Reserve ...
Lael Brainard Says Inflation Is ‘Too High.’ She’s Open to a Rate Hike in March.
Text size Lael Brainard Jim Watson/AFP/Getty Images Cutting down inflation will be the Federal Reserve’s most important task for the foreseeable future, Fed Gov. Lael Brainard said at her confirmation...
U.S. Probes Big Beef’s Link To Inflation
Unprecedented consolidation in the U.S. food industry may be a cause of rising prices and empty grocery-store shelves. The White House, supported by independent economic analysts, has asserted there’s...
Just how big of a deal is rate hike for the equity market?
The Nasdaq Composite is now down about 8.0% since the start of the year on fears of inflation and rate hikes, but Ally Invest’s Lindsey Bell says the sell-off is unlikely to continue. Bell&rsquo...
Goldman predicts the Fed will hike rates four times this year, more than previously expected
Federal Reserve Chairman Jerome Powell testifies during the House Financial Services Committee hearing titled Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response...
Bitcoin, Ethereum and Stock Prices Fall as Fed Readies Interest Rate Hike
“Buy the dip!” Bitcoin proponents will tell you. But how do you know when BTC is done dipping? The price of Bitcoin is down again, shedding over 6% of its price tag in 24 hours. Since Dece...
Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates
Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve’s December FOMC meeting showed that the re...
Crypto miners at risk amid protests post natural gas price hike
In the wake of the Chinese crypto ban, miners from the authoritarian nation relocated to the formerly up and coming hub for crypto, Kazakhstan. However, the narrative did not lay out according to the ...
Cosmos Secures Multi-Week High While Algorand Eyes A 9% Hike
Cosmos had finally managed to break over its immediate resistance of $36.94. Over the last 24 hours, the coin surged 9.6% and was trading at $38.34. It has been a relatively good month for both ATOM a...
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...
Here’s why this altcoin’s >50% single-day hike isn’t the whole story
This isn’t the first time this is happening. With the market’s top assets consolidating, the market has turned its sight to altcoins offering higher returns. Revain, for instance, at the time of writi...
CRV Targets A 14% Hike, While Spell Token Flashed A Golden Cross
The cryptocurrency market was back on its feet again at the time of writing. CRV was trading at $5.35 at press time, it bounced up from its support line of $4.40. Near-term indicators of the coin were...