The Australian economy is stronger than before, but the Australian Dollar is testing tides against the national resistance level. Fundamentals have held their ground as the Australian Dollar is backed...
Tag: hikes
Amid Spiking Gas Prices, Biden & California Democrats Propose Tax Hikes On Energy Suppliers
U.S. US President Joe Biden speaks at Long Beach City College. (Wally Skalij / Los Angeles Times via … [+] Getty Images) Los Angeles Times via Getty Images High gas prices have prompted governor...
3 High Dividend REITs Capable Of Withstanding Interest Rate Hikes
Real estate may have benefited from the long stretch of historically low interest rates more than any other sector. Cheap debt has a direct impact on cash flow, which means more capital to grow and mo...
Can Bitcoin withstand upcoming Fed rate hikes?
A forty-year high US inflation rate, skyrocketing energy prices, and indications that the US economic recovery may be damaged by the effect from sanctions against Russia over its invasion of Ukraine a...
Hopes for Russia-Ukraine War De-Escalation Hikes Euro
Amidst intensifying fears about the Russia-Ukraine war, the news of de-escalation is a clear indication of diplomacy. With this news of peace breakthrough and de-escalation, the price of the Euro hike...
Tesla Cut From California EV Rebate Program After Price Hikes
Elon Musk speaks at the opening of Tesla’s new electric car plant near Gruenheide, Germany. Getty Images Tesla may be the top-selling electric vehicle brand but in California, its biggest market...
Goldman, BofA See Fed Going Big on Rate Hikes
Federal Reserve Chairman Jerome Powell made clear in a talk this week that he’s open to 50-basis point increases in interest rates, if necessary. The Fed is reacting to rampant inflation, with consume...
Treasury Yields Surge as Fed Traders Price In Even More Hikes
(Bloomberg) — Swaps traders priced in a full two percentage points of additional Federal Reserve interest-rate hikes for 2022 as Treasury yields surged anew on Friday, led by the short end of th...
Bitcoin clings to $43K as Fed signals up to 7 rate hikes in 2022
Bitcoin (BTC) continued to fight for $43,000 support at the Wall Street open on March 24 amid fresh jitters tied to United States economic policy. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradi...
Gold price forecast with Russia-Ukraine talks & bets on rate hikes at play
Gold price has bounced off Tuesday’s lows as the Russia-Ukraine crisis, and subsequent rise in the demand for safe havens, balance out talks on Fed’s interest rate hikes. gold price Fundamentals On th...
Alibaba Increase Share Buyback by Two-Thirds to $25 Billion, Stock Hikes 11%
Although Alibaba has spent more on stock repurchases than other companies in the tech sector, it has not improved its stock sales. Alibaba Group Holding Ltd (HKG: 9988) shares surged 11%, following an...
Stocks Jump As Investors Prepare For Bigger Fed Rate Hikes To Fight Inflation
Topline The stock market finished slightly higher and government bond yields surged on Tuesday as investors assessed the Federal Reserve’s more aggressive stance on fighting inflation, with a growing ...
Stocks Rise As Experts Call For Bigger Rate Hikes To Fight Inflation
Topline The stock market opened slightly higher and government bond yields surged on Tuesday as investors assessed the Federal Reserve’s more aggressive stance on fighting inflation, with a growing nu...
Dow ends 200 points lower after Fed’s Powell leaves door open to larger rate hikes
Federal Reserve Chairman Jerome Powell Samuel Corum/Getty Images Stocks fell Monday after Federal Reserve Chairman Jerome Powell left the door open to the prospect of bigger rate hikes to bring down i...
Alibaba Hikes Buybacks to $25 Billion as Crackdown Signals Ease
(Bloomberg) — Alibaba Group Holding Ltd. ramped up its share buyback program to $25 billion, expanding that arsenal for a second time in less than a year to stanch a $470 billion loss of value d...
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’ – Economics Bitcoin News
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggr...
Stock futures inch higher after Powell says bigger hikes possible
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters Stock futures inched higher in overnight trading after Federal Reserve Chai...
EU shuns mining ban, Fed hikes rates and BAYC goes APE for ApeCoin drop | Daily News| OKX Academy
Meanwhile, ConsenSys raises $450 million, and Terra cofounder bets big on LUNA’s future price. From European parliamentarians rejecting a ban on proof-of-work mining to a windfall airdropped to the Bo...
Federal Reserve Bank President Pushes for Faster Rate Hikes — Says the Fed Risks Losing Credibility on Inflation Target – Economics Bitcoin News
The president of the Federal Reserve Bank of St. Louis, James Bullard, has called for more aggressive measures to combat inflation and reduce the size of the Fed’s balance sheet. “The burden of excess...
Lock it in! Homebuyers scramble to secure low mortgage rates before more hikes come
This week’s more than quarter-point jump in mortgage rates is sending a dire message to homebuyers and owners: Time is running out. Weary buyers already facing the worst affordability conditions...
After Oil’s Surge, Saudi Aramco Hikes Spending to Boost Output
(Bloomberg) — Saudi Aramco will increase spending and issue bonus shares as oil’s surge to more than $100 a barrel bolsters the company’s plan to boost production. Most Read from Bloomberg The S...
Fed Governor Waller says half-point rate hikes could be needed as ‘inflation is raging’
Federal Reserve Governor Christopher Waller told CNBC on Friday that the central bank may need to enact one or more 50-basis-point interest rate hikes this year to tame inflation. Though he voted this...
The Market Rose on the Fed’s Rate Hikes. What It Might Be Missing.
Text size Fed Chair Jerome Powell told reporters Wednesday the central bank had the tools to bring inflation down. Photographer: Julia Nikhinson/Bloomberg It may not rank with the “whatever it takes” ...
Bitcoin Pops Above $40K After Fed Hikes Interest Rates, What’s Next For BTC Price?
Early morning on March 17, Bitcoin price was on a roller coaster, breaking down below $39,500 after the Fed raised interest rates by 25 bps, but it soon sustained above $40,000 mark. Despite BTC is st...
Federal Reserve Hikes Interest Rates
Key Takeaways The FOMC of the Fed opted to raise the interest rate by 25 basis points today, or 0.25%. It also revised its GDP projections down for the year, from 4% to 2.8%. Chair Powell said the Fed...
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases – Economics Bitcoin News
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoi...
What This Gold Pattern Could Hint For Bitcoin If FED Hikes Rates
Bitcoin trades north of the $40,000 price mark with bullish momentum in the last 24 hours. Today, the U.S. Federal Reserve (FED) is expected to begin its monetary tightening policy. Related Reading | ...
Bitcoin Unfazed as Fed Hikes Interest Rates for the First Time Since 2018
Alex Dovbnya The Federal Reserve has raised interested rates for the first time in years The Federal Reserve has decided to raise interest rates for the first time since 2018. It has followed the Bank...
Forecasters sees growing chance of a recession as Fed hikes rates this year to fight inflation
US Federal Reserve Chairman, Jerome Powell, testifies before the House Financial Services Committee on “The Semiannual Monetary Policy Report to the Congress,” in Washington, DC, on March ...
Fed to Start Rate Hikes With License to Turn Aggressive Later
(Bloomberg) — The Federal Reserve will this week begin a multi-month campaign to conquer inflation that could see Chair Jerome Powell moving even more aggressively after Russia’s war on Ukraine ...
Treasuries Are Selling Off. Blame Powell’s Comments on Half-Point Rate Hikes.
Fed chief Jerome Powell, shown Monday at a conference in Washington, D.C., said ‘nothing’ would prevent the central bank from raising rates by a half-point at a coming meeting if needed. S...