Bitcoin and the wider crypto market jumped Wednesday after Federal Reserve Chair Jerome Powell said in a speech that December would likely bring smaller interest rate hikes. The biggest cryptocurrenc...
Tag: hikes
Fed hikes and a stronger dollar are fueling risks of political instability in Africa
ACCRA, GHANA – NOVEMBER 05: Ghanaians march during the ‘Ku Me Preko’ demonstration on November 5, 2022, in Accra, Ghana. People took to the streets of Ghana’s capital to protes...
Smaller Interest Rate Hikes In December
Fed Chair Jerome Powell Speech Today: Fed Chair Jerome Powell said smaller interest rate hikes could start in December. U.S. Federal Reserve chairman Jerome Powell spoke on the economic outlook, infla...
Bitcoin Rises Briefly as Fed Chair Promises More Rate Hikes
Jerome Powell – Chairman of the Federal Reserve – recently spoke about the future of macroeconomic policy and U.S. inflation at the Brooking Institution. As is typical, Bitcoin’s price was affected by...
Dow ends over 700 points higher to exit bear market after Powell signals smaller interest-rate hikes ahead
U.S. stocks finished sharply higher on Wednesday, with the Dow Jones Industrial Average rising over 700 points to technically exit a bear market, after Federal Reserve Chairman Powell said the central...
Top Dividend Stocks: Leading Biotech AbbVie Hikes Payout
IBD’s Income Investor column highlights top dividend stocks. With a long track record of dividend increases, AbbVie (ABBV) is in focus, generating a strong yield with stable fundamentals. X Biop...
Powell signals 0.50% increase in December, citing need to ‘moderate’ rate hikes
Federal Reserve Chair Jerome Powell set the table for a 50-basis point rate hike at the Fed’s December policy meeting, saying in a speech on Wednesday it makes sense to “moderate” ra...
Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December – Market Updates Bitcoin News
Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3...
Jerome Powell Says Federal Reserve’s Rate Hikes Could Slow As Soon As December
Topline Stocks jumped Wednesday afternoon after Federal Reserve chair Jerome Powell indicated a reprieve from the Fed’s most aggressive interest rate hikes in four decades is on the horizon as soon as...
Fed Chair Jerome Powell says smaller rate hikes could come in December
WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequ...
Eurozone inflation drops as ECB plans rate hikes
For the first in almost one and half years, Euro-zone inflation has declined, giving the European Central Bank (ECB) some hope in the fight against record inflation. Eurostat indicated that the Novemb...
Strong labor report could bring bigger Fed hikes
CNBC’s Jim Cramer on Monday told investors that a key labor report could help drive the Federal Reserve’s inflation strategy. “We need to see the unemployment rate go higher, while w...
Fed Officials Say More Rate Hikes Coming; Williams Flags Path to Cuts
(Bloomberg) — Fed policymakers stressed on Monday that they will raise borrowing costs further to curb inflation, with one key official saying that he sees interest rates heading somewhat higher...
ECB Governing Council Member Klaas Knots: Interest Rate Hikes Far From Over
Klaas Knot, a member of the Governing Council of the European Central Bank, has hinted that the interest rate hikes cycle intended to combat high inflation is far from over. In order to combat soaring...
Powell to Set Stage for Slowing Fed Rate Hikes Amid Hawkish Tone
(Bloomberg) — Chair Jerome Powell is expected to this week cement expectations that the Federal Reserve will slow its pace of interest-rates increases next month, while reminding Americans that ...
13 dividend hikes to watch for this week: McCormick, Merck
Companies often establish a pattern of hiking dividends at the same time each year, giving investors a reliable cash influx and enticing them to stick around for the long term. With help from StreetIn...
Bitcoin Price Climbs As Fed Meeting Suggests Slowing Down Interest Hikes
Bitcoin and its fellow crypto assets made a little recovery today that helped the market capitalization of the entire crypto market increase by 2.1% over the last 24 hours. BTC peaked at $16,769 befor...
Fed minutes show ‘substantial majority’ support slowing pace of rate hikes
A “substantial majority” of Fed officials believe it will soon be time to slow down the central bank’s current pace of rate hikes. Minutes from the Federal Reserve’s policy meeting earlier...
Fed minutes indicate smaller rate hikes ahead: time to buy?
S&P 500 ended in the green again after minutes from the Fed’s most recent meeting confirmed that officials agreed on switching soon to smaller rate hikes. Should you turn bullish on equities now? ...
Fed Signals Rate Hikes Will Slow ‘Soon’ As Financial Instability Risks Rise
Topline The Federal Reserve indicated Wednesday it may soon ease up on its aggressive policy as higher interest rates start slowing the economy—signaling the worst of the central bank’s rate hik...
Fed’s Mester wants more progress on inflation before ending interest rate hikes
Cleveland Federal Reserve President Loretta Mester said Monday inflation will need to show more signs of progress before she’s ready to stop advocating for interest rate increases. While acknowl...
10 big dividend hikes last week: Nike, Pepsico
Here are last week’s biggest dividend hikes, initiations, or special dividends, all first covered on InvestingPro+ – including several hikes predicted by data from StreetInsider last weeke...
2-year Treasury yield reaches one-week high as traders assess likelihood of more Fed rate hikes
Treasury yields jumped on Friday, sending the 2-year rate to a one-week high, after Boston Fed President Susan Collins put another aggressive 75-basis-point rate hike on the table for December’s polic...
3 REITs That Have Performed The Best During Interest Rate Hikes
Most people would agree that 2022 has been a brutal year for real estate investment trusts (REITs). Inflation and the resulting interest rate hikes by the Federal Reserve are two major causes. Since M...
Further Data Suggests Easing U.S. Inflation, Increasing Chance Fed Softens Hikes
The November PPI report offers further evidence that price pressure in the U.S. may be easing … [+] (Photo by Joe Raedle/Getty Images) Getty Images The Producer Price Index (PPI) for October 202...
There’s enough pain in the market for Fed to slow rate hikes
CNBC’s Jim Cramer on Monday said that there’s enough pain in the market for the Federal Reserve to consider easing its pace of interest rate hikes. “There’s enough turmoil that...
Fed Vice Chair Brainard says it may ‘soon’ be appropriate to move to slower pace of rate hikes
Lael Brainard, vice chair of the US Federal Reserve, listens to a question during an interview in Washington, DC, US, on Monday, Nov. 14, 2022. Andrew Harrer | Bloomberg | Getty Images Federal Reserve...
Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’
Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week. “It was just one data p...
Asia Rally May Just Be ‘False Dawn’ as Fed Isn’t Done With Hikes
(Bloomberg) — Amid a broad Asia rally on expectations for a dovish shift from the Federal Reserve, some strategists warned the market reaction may be excessive. Most Read from Bloomberg Asian bo...
Fed Suggests It May Begin To Slow Pace Of Interest Rate Hikes And Labor Market Sees Healthy Report For October
Corbis via Getty Images TL;DR Fed chairman Jerome Powell announced a 0.75 percentage point increase to interest rates, but suggested that the pace of the hikes may slow Peak interest rates are now exp...
Fed Rate Hikes Spawn 5% Yields for Safe Bonds
While the Federal Reserve’s interest-rate increases have sent stock prices reeling, they have sent bond yields soaring. And that has made bonds attractive for those of us looking to buttress the fixed...
Next Interest Rate Hikes Need Focus Shift
Next Phase Of Fed Interest Rate Hikes: Boston Fed President Susan Collins said there is still more work in terms of tightening to do to curtail inflation. She expressed optimism about lowering inflati...