Topline The value of bitcoin, ethereum and other major cryptocurrencies plummeted Thursday after minutes from the Federal Reserve’s latest meeting signaled a possible shift towards more aggressive act...
Tag: hikes
Bitcoin Falls 5% as Fed Confirms Interest Rate Hikes
Key Takeaways BTC fell by roughly 5% today, while ETH and the remainder of the crypto market saw losses of upward of 6%. Those losses coincide with similar but more moderate losses in the stock market...
Tech Stocks Feel The Pain As Fed Plans Raise Hikes In 2022
WASHINGTON, DC – JULY 31: Federal Reserve Board Chairman Jerome Powell speaks during a news … [+] conference after the attending the Board’s two-day meeting on July 31, 2019 in Washington,...
Stocks Tumble as Fed Minutes Confirm Rate Hikes Are Coming
Text size Interest rate hikes are coming. The stock market is taking note. Karen Bleier/AFP/Getty Images Stocks fell Wednesday after the minutes from the last FOMC meeting confirmed that the Federal R...
Fed Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown
(Bloomberg) — Federal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected, with some policy make...
Dennis Gartman Sees Stocks Falling 15% in 2022 on Aggressive Fed Hikes
(Bloomberg) — Stocks could face a “slow, laborious” decline in 2022 as a result of a more hawkish Federal Reserve that may raise interest rates four times, according to Dennis Gartman. Most Read...
Wharton’s Professor Warns About Inflation, Predicts Many Rate Hikes, Says Bitcoin Has Replaced Gold for Millennials – Economics Bitcoin News
A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has b...