Tesla (TSLA) is taking the opportunity to ram through some price increases, thanks to Uncle Sam. On Friday the IRS released new guidance changing the definition it used to classify vehicles as SUVs, u...
Tag: hikes
Further Price Hikes for Bitcoin Were Recorded Last Month
The bitcoin boom continues as more time in January was able to bring the world’s number one digital currency by market cap beyond the $19,000 mark, something the currency hadn’t seen since November of...
Central Bankers Curb Their Enthusiasm for Rate Hikes
(Bloomberg) — Waning global enthusiasm for aggressive interest-rate increases may dominate the dozen or so central-bank decisions due in the coming week. Most Read from Bloomberg In the wake of ...
Jim Cramer says strong January jobs report shows the economy can handle more rate hikes
CNBC’s Jim Cramer on Friday said that the January jobs report shows that the economy will remain resilient, despite the Federal Reserve’s interest rate hikes. “If the Fed Chief wants...
ECB Hikes Policy Rate by 50 bps; Signals End of Hawkish Stance
The European Central Bank (ECB) recently brought an end to its long-running series of interest rate hikes, marking a new chapter for the eurozone economy. The ECB’s actions play a crucial ...
Strong Labor Market Lends Itself To More Fed Hikes, But Not For Long
Pedestrians walk past a Now Hiring sign in Arlington, Virginia. (Photo by STEFANI REYNOLDS/AFP via … [+] Getty Images) AFP via Getty Images Friday’s amazing job numbers — which continue to hit i...
Bitcoin Taps 5-Month Highs, Fed Hikes Rates as Expected, Optimism (OP) Leads DeFi Rally: This Week’s Recap
The past seven days saw the total cryptocurrency market capitalization increase by around $35 billion, and the industry continues to recover from the multitude of bankruptcies in 2022. Some argue that...
Bitcoin, ether slip as unexpectedly strong US jobs report signals continued rate hikes
Cryptocurrencies and traditional markets slid as the U.S. jobs report numbers more than doubled estimates. Bitcoin and ether were down more than 2% over the previous 24 hours at about 9:40 a.m....
Coinbase’s stock increases after Fed hikes interest rate – Cryptopolitan
On Thursday, Coinbase (COIN) shares soared more than 20%, following the Federal Reserve’s recent rate hike and Fed Jerome Powell’s declaration of progress in fighting inflation. On Wednesday, Coinbase...
Federal Reserve Hikes Rates Again; Yet Market Reacts Positively
The United States Federal Reserve increased interest rates, again. The central bank’s major tool to curb the rising inflation that recently started in March last year, continued this year as well with...
Bank of England’s Andrew Bailey tempers talk of pause, pivot in hikes
Governor of the Bank of England Andrew Bailey has talked down expectations that the central bank is readying to pause or pivot rate hikes. Yui Mok | Afp | Getty Images LONDON — The Bank of England on ...
Bank of England Projects Inflation Will Fall of a Cliff as it Hikes by 0.5% – Trustnodes
Disinflation is on. That’s according to projections by the Bank of England (BoE) which said “we expect inflation to fall quickly this year.” A quick dive is forecasted that expects inflation to fall t...
Bank of England Expects Deflation as it Hikes by 0.5% – Trustnodes
Deflation is coming. That’s according to projections by the Bank of England (BoE) which said “we expect inflation to fall quickly this year.” A quick dive is forecasted that expects inflation to fall ...
Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England on Thursday hiked interest ra...
Fed Raises Rates Another 25 Basis Points—Signals More Hikes Still To Come
Topline The Federal Reserve slowed the pace of its interest rate hikes on Wednesday, but signaled additional rate increases this year will likely be necessary in order to cool inflation that remains e...
Profit Guzzling Chevron Hikes Dividend, Announces Massive Share Buyback
For investors in search of yield and share appreciation, Chevron (CVX) is a top stock to consider. X The megacap energy stock — headquartered in San Ramon, Calif. — reported fourth-quarter earnings on...
Federal Reserve expected to slow pace of interest rate hikes to kick off 2023
The Federal Reserve will kick off its first policy meeting of the year Tuesday, with investors expecting Wednesday’s policy statement to show interest rates rise at a slower rate for the second-...
IMF hikes global growth forecast as inflation cools
The IMF has revised its global economic outlook upwards. Norberto Duarte | Afp | Getty Images The International Monetary Fund on Monday revised upward its global growth projections for the year, but w...
Stocks Fall With Eyes on Rate Hikes, Adani, China: Markets Wrap
(Bloomberg) — Shares declined Monday in choppy trading as investors split their attention between looming interest-rate decisions in the US and Europe, the reopening of mainland China markets an...
The Fed’s Interest-Rate Hikes Seem to Be Working. Here’s How You Can Tell.
The Federal Reserve faces another big decision this coming week. Markets expect it to hike rates by a quarter of a percentage point, a marked slowdown as inflation cools. But another metric also sugge...
Fed Set to Shrink Rate Hikes Again as Inflation Slows
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Federal Reserve officials are set to shift down the pace o...
Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50% – Mining Bitcoin News
Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Brai...
Summers Urges Fed to Avoid Pledging Rate Hikes After Next Week
(Bloomberg) — Former Treasury Secretary Lawrence Summers urged the Federal Reserve to refrain from signaling its next move after an expected interest-rate hike next week because of the economy’s...
AUDIO Price Hikes by Over 25% Due to Coinbase’s RoadMap Inclusion
Preview in new tab Audius’ inclusion in Coinbase’s roadmap elevates traders’ confidence. Bears’ effort to control the market foiled as support is found at $0.2593. If bulls are to succeed, resistance ...
AXS, MANA, and SAND Outperform BTC With 60%+ Hikes, But This Web3 Gaming Ecosystem Might Outperform Them All in 2023
With the recent cryptocurrency industry revival, the play-to-earn sector is really starting to buzz. Heavyweight P2E projects such as Axie Infinity, Decentraland, and The Sandbox have all outperformed...
Shopify Stock: Price Hikes Announced Amid Share Rebound In Early 2023
Shopify (SHOP) surged by double digits Wednesday after the provider of e-commerce software and services hiked monthly contract prices. With the gain, Shopify stock now trades at the high end of a 5% b...
Bitcoin, Ether Prices Strong as Markets Eye Easing Rate Hikes
Crypto markets have taken a brief reprieve after adding more than 30% to their collective capitalization since the start of the year. Bellwether crypto bitcoin (BTC) rose to a peak of $23,360 on Satur...
US Dollar Slips After Fed Officials Make Case for Slower Hikes
(Bloomberg) — The US dollar is eyeing a fresh low for the year as soft economic data and dovish comments from Federal Reserve officials suggest the central bank may be on the verge of slowing th...
Fed officials lay the groundwork for slowing rate hikes during busy week of Fedspeak
As always, the last week before the Federal Reserve’s quiet period ahead of the next policy meeting was a busy one for Fedwatchers looking for clues about the central bank’s next move. And...
Fed Set to Slow Rate Hikes Again and Debate How Much Further to Go
(Bloomberg) — Federal Reserve officials, heartened by an inflation slowdown, are poised to slow the pace of their interest-rate hikes for a second straight meeting and debate how much more they ...
China Driving Dollar More Than Fed Hikes, BofA Strategists Say
(Bloomberg) — While much of the focus in currency markets right now is how the prospect of slowing Federal Reserve rate hikes has helped fuel dollar weakness, the biggest factor may be across th...
Should I Invest in Municipal Bonds During Rate Hikes?
SmartAsset: Investing in Municipal Bonds During Rate Hikes Municipal bonds, or “munis,” are popular investments for a few reasons. Most notably, as a government bond, they can be the closest thing to ...