The Euro is edging lower on Tuesday after European Central Bank (ECB) President Christine Lagarde failed to deliver the hawkish outlook on interest rates that investors were expecting. Earlier in the ...
Tag: hikes
Expert Sees Fed Reversing Interest Rate Hikes, How Will It Affect Crypto?
Michael Burry, the hedge fund manager who famously shorted the 2008 subprime mortgage crisis, predicts that the economic repercussions of the Federal Reserve’s rate hikes may see the bank reversing it...
Unemployment Will Rise And ‘Extreme’ Price Pressures Continue As Fed Hikes Risk Recession, S&P Warns
Topline Economists at S&P Global Ratings on Monday warned the likelihood of a recession over the next year is increasing as the Federal Reserve continues its most aggressive economic tightening cy...
Dow Jumps More Than 800 Points as Fears of Interest-Rate Hikes Subside
Stocks rallied on Friday after fresh economic data tempered investors’ expectations of steep Federal Reserve interest-rate hikes, as major market indexes notched their first weekly gains after three c...
Bitcoin Crash? It’s A ‘Crypto Ice Age’ — And Fed Rate Hikes Are A Big Reason
Bear markets have grown almost routine for Bitcoin and other cryptocurrency prices. Since its 2009 launch, Bitcoin’s price has tumbled more than 50% six times. X Coinbase (COIN) CEO Brian Armstr...
How inflation, interest rate hikes affect the 60/40 portfolio strategy
How a 60/40 portfolio strategy works The strategy allocates 60% to stocks and 40% to bonds — a traditional portfolio that carries a moderate level of risk. More generally, “60/40” is a sho...
Bowman backs steep rate hikes and wants to ‘get the Fed out’ of housing market
Federal Reserve Gov. Michelle Bowman said she supports an aggressive series of interest-rate increases to try to tame inflation and eventually wants the central bank to stop intervening in the U.S. ho...
Bitcoin price rises to $20.7K as Fed’s Powell says more rate hikes ‘appropriate’
Bitcoin (BTC) checked losses while United States equities drifted down on June 22 as the Federal Reserve kept quiet on monetary policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powe...
Powell says U.S. economy can handle the additional rate hikes that are coming
Federal Reserve Chairman Jerome Powell on Wednesday pushed back against economists who argue that aggressive Fed interest-rate hikes have increased the odds of a recession or hard landing for the U.S....
Cathie Wood warns the Fed are ignoring dangerous signals as it plows ahead with draconian rate hikes
The U.S. Federal Reserve risks weak economic growth throughout this year due to its backward-looking, “draconian” rate hikes, warned Wall Street’s best-known tech sector bull. ARK Invest founder Cathi...
‘Worst Fears Confirmed’ As Fed ‘Plays Dangerous Game’ With Inflation And Rate Hikes
Topline With the Federal Reserve embarking on its most aggressive tightening campaign in nearly three decades, Bank of America economists warned clients on Friday that the central bank’s inflati...
Fed Rate Hikes Will End Sooner Than You Think. What That Means for Stocks.
Text size Federal Reserve Chairman Jerome Powell Drew Angerer/Getty Images The Federal Reserve’s aggressive interest rate increases can only last so long. The stock market could experience some relief...
Tesla’s Tough Quarter Means Price Hikes, Job Cuts And Stalled Production In China
Tesla Model Y and Model 3 electric vehicles built at the company’s Shanghai plant are loaded up to be shipped to Belgium. Shen Chunchen/VCG via Getty Images Tesla’s Model Y, the electric-car mak...
Fed ‘not trying to induce a recession’ with interest rate hikes
Federal Reserve Chairman Jerome Powell said Wednesday that the central bank hopes to avoid a recession after ratcheting up its pace of interest rate hikes. “We’re not trying to induce a recession now,...
Fed hikes interest rate by 75 basis points; Bitcoin continues to trade above $20,000
? Want to work with us? CryptoSlate is hiring for a handful of positions! The Federal Open Market Committee has raised interest rates by 75 basis points, increasing the primary credit rate to 1.75%. T...
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994 – Economics Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Fed members predict more hikes with the benchmark rate above 3% by year-end
U.S. Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress”, in Washington, U.S., March...
Stocks Pare Back Gains After Federal Reserve Hikes Rates By 75 Basis Points
Topline The stock market opened higher on Wednesday but pared back gains after the Federal Reserve raised interest rates by 75 basis points—the largest increase in 28 years, as investors continue to w...
Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994
The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressi...
‘Don’t Be Fooled’ By Latest Rally As Stocks Prepare For Looming Fed Rate Hikes, Experts Warn
Topline The stock market moved higher on Wednesday as investors nervously look ahead to the conclusion of the Federal Reserve’s upcoming policy meeting, with the central bank now expected to hike inte...
Jim Cramer calls for ‘monster rate hikes’ ahead of key Fed decision
CNBC’s Jim Cramer on Tuesday called for Federal Reserve Chair Jerome Powell to implement aggressive interest rate hikes to tamp down inflation. “Jay Powell can’t solve the war in Ukr...
Traders Supercharge Selloff on Bets for Supersized Fed Hikes
(Bloomberg) — “Sell everything but the dollar” is resounding across trading desks as investors reprice the risk that the Federal Reserve hikes rates more aggressively than previously thought. Mo...
Treasuries Dare Fed to Step Up Hikes or Risk Inflation Defeat
(Bloomberg) — Treasury traders are throwing down the gauntlet to a Federal Reserve that’s fallen further behind in its fight to cool the hottest inflation in four decades. Most Read from Bloombe...
Druckenmiller Warns ‘Bear Market Has a Ways to Run’ as Fed Hikes Rates
(Bloomberg) — Stanley Druckenmiller has a warning for Wall Street: The sharp decline in the stock market isn’t over just yet. Most Read from Bloomberg Story continues “My best guess is that we’r...
Fundraising Rounds From Pintu Exchange and Calaxy, New Crypto Laws, and Gasoline Price Hikes – crypto.news
Pintu, an Indonesian crypto exchange, in collaboration with Intundo Ventures, Lightspeed Ventures, and Pantera Capital, recently raised $113 million in a Series B funding round. The newly raised funds...
Gnox Token (GNOX) Hikes Beyond 50%, Could This Spell Bad News for Ethereum (ETH) and Solana (SOL)?
Place/Date: – June 8th, 2022 at 7:02 am UTC · 3 min read Source: Gnox Gnox (GNOX) Gnox represents the first of its kind- a reflection token that pays in stablecoin. The protocol is planned to la...
Costco discussing membership rate hikes after renewals hit 90%
Costco Wholesale Corp. is talking over membership fee hikes after reporting an all-time renewal rate high of 90%. The last time Costco raised its membership fee was in June 2017. Historically, fees ri...
Fed’s Mester says half-point rate hikes are needed to fight inflation
Cleveland Federal Reserve President Loretta Mester said Friday that she doesn’t see ample evidence that inflation has peaked and thus is on board with supporting a series of aggressive interest ...
Investors may be in for this rude surprise: History shows inflation can take years to return to normal even when Fed hikes above 10%
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation — running at 8.3% as of April, near a four-deca...
Here’s the comment from Powell that could make it hard for the Fed to slow down the pace of interest-rate hikes
The Friday before the Federal Reserve’s interest-rate decision will be most remembered for the surprise acceleration in consumer prices, which took inflation to a fresh 40-year high. But there was ano...