Federal Reserve Chairman Jerome Powell speaks during a House Financial Services Committee hearing to … [+] examine the Semiannual Monetary Policy Report to Congress, Wednesday, March 8, 2023, on...
Tag: Inflation
Did the Fed plant the seeds of destruction of Silicon Valley Bank?
Were the seeds of Silicon Valley Bank’s collapse planted by the Federal Reserve’s rapid rate increases? That is one of the debates ranging online over the weekend. Michael Green, chief strategist and ...
What’s next for stocks after SVB collapse and as crucial inflation reading looms
Investors are preparing for the release of a U.S. consumer-price index that may show no meaningful letup in inflation, leaving few safe places to hide just as systemic risks may be growing. Coming jus...
The World’s Central Banks Are No Match for the Global Economy
Writing in his newsletter last week, the great George Gilder quipped that the world’s central bankers are apparently “demoralized over their inability to drive the world into recession.” Gilder was re...
Fed Rate Puzzle Gets Final Inflation, Retail Pieces
(Bloomberg) — Reports this week expected to show still-hot US inflation and a backslide in retail sales round out the last of key economic data markers for Federal Reserve policymakers ahead of ...
After $1 Trillion Lost To Inflation, Consumers’ Resilience Has Reached The Breaking Point
Have American consumers reached burn out? getty The National Retail Federation has gushed over the resiliency of the U.S. economy and the American consumer ever since retail opened up after the pandem...
SVB shut down, Powell has to decide between a new financial crisis or raising inflation target
Ad TLDR At the upcoming Federal Open Market Committee (FOMC) meeting on March 22, a 25 basis point rate hike is the favored probability. A terminal fed funds rate of 5.50% with a 25bps cut at the end ...
Market pricing swings back to quarter-point Fed rate hike
A trader works on the floor during morning trading at the New York Stock Exchange (NYSE) on March 10, 2023 in New York City. Spencer Platt | Getty Images It seemed like only yesterday that markets we...
U.S. President Assures Inflation Drop; Now Bitcoin’s Time To Shine?
U.S. President Joe Biden stated that the economy of the United States was “headed in the right direction” after the positive jobs report from the Bureau of Labor Statistics was recently made public. T...
Powell changed everything this week on market’s view of interest rates
Federal Reserve Chair Jerome H. Powell testifies before a House Financial Services hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington...
Steve Forbes Excoriates Jerome Powell: “Clueless About Inflation!”
Federal Reserve Chairman Jerome Powell sent financial markets reeling when he told a Senate hearing Tuesday that our central bank is ready to push up interest rates higher and at a faster pace than pr...
Bitcoin BTC Price Hits 3-Week Low, Lingers Near $21.7K Amid Ongoing Inflation Concerns
“After celebrating disinflation greenshoots the past two months, the Federal Reserve has had to restart its hawkish positioning by talking tough on rate hikes, I think it’s interesting to note t...
Major EU investment fund thinks inflation could fuel BTC bull
Amundi’s Chief Investment Officer Mortier Vincent and macroeconomist Perrier Tristan published a paper that analyzed the current state and prospects of the crypto market. Amundi executives think bitc...
The Impact of Inflation on Investments
How investors can protect their portfolios from the effects of rising inflation Do you feel you have been pushed back financially? You are not the only one. Inflation has hit its highest point, accord...
Fed signals a sharp rate hike in March due to inflation — Here’s how Bitcoin traders can prepare
Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging demand for risk assets. By increasing th...
Wanted Ice Cream Scoopers – $23/hr – Yes, The Service Economy Is Booming
(Photo by Camerique/ClassicStock/Getty Images) getty Imagine my surprise when seeing this sign outside my local JP Licks Ice cream store in the Boston area. While certainly anecdotal, it still seems t...
Real Estate Has Lost Its Prime Engine
There’s no free lunch. Everything costs something, and most things measure their cost in money. So how does money measure its cost? In interest rates. And as everyone knows, the cost of money is going...
Watch Fed Chair Jerom Powell speak live in second day of Capitol Hill testimony
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell testifies Wednesday before the House Financ...
Vitalik dumps shitcoins before Fed confirms inflation not peaked
Vitalik Buterin timed the market’s next leg-down perfectly, selling up to $700,000 worth of shitcoins right before chair of the Federal Reserve, Jerome Powell testified in front of the Senate Banking ...
Fed Chair Powell says interest rates are ‘likely to be higher’ than previously anticipated
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on February 01, 2023 in Washington, DC. Kevin Dietsch | Getty Images Federal...
Watch Fed Chair Jerome Powell speak live on Capitol Hill about interest rates and the economy
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell will address the Senate Banking, Housing an...
January PCE Does Not Warrant More Aggressive Tightening
Depressing economic news is everywhere. getty The recent release of the January PCE (personal consumption expenditures) inflation figures sparked the now all-too-familiar scary inflation headlines. Bu...
Opinion: Powell will have to push rates even higher for the Fed to get inflation to 2%
Inflation is proving tougher to curb than Federal Reserve Chairman Powell anticipated, and despite indicators that a recession could be coming, consumers and businesses apparently haven’t gotten the m...
The Inflation Reduction Act Is Very Good At One Thing: Making Billionaires Richer
Welcome to the $400 billion green subsidy gravy train. The nation’s biggest solar panel maker, First Solar, sells $3.5 billion a year of its “thin-film” solar panels made with exotic “cadmium tellurid...
EUR/CHF drops to key support as Swiss inflation spikes
The EUR/CHF price pulled back after the relatively stronger-than-expected Swiss consumer price index (CPI) data. It retreated to a low of 0.9925 as investors placed bets that the Swiss National Bank (...
Gold Bug Schiff Says ‘The Months of Declining Inflation Are in the Review Mirror,’ AI Crypto Assets Surge, and More — Week in Review – The Weekly Bitcoin News
Economist and gold enthusiast Peter Schiff has said that the U.S. Fed may have to fight a “complete economic collapse” and be faced with more to worry about than the current battle against inflation. ...
Inflation, interest rate hikes continue to wreak havoc across the US, EU and UK
Ad Summary Money markets continue to price in higher peaks for central banks rates, which include the U.S. and EU, as economic growth is holding up better than expected as CPI inflation continues to r...
The Paul Volcker Narrative Imagines an Economy That Doesn’t Exist, and That Never Has
The Chinese government forbids foreign ownership of a broad range of Chinese businesses, including those that run websites. Despite this, despite endless rules meant to repel foreign capital migrating...
Here’s The Schedule For The Fed’s Upcoming Meetings And What To Expect
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a … [+] Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Feb. 1, 202...
Bitcoin’s Inflation Rate Falls Three Times Lower Than USD
The inflation rate of US dollars is 3.57 times greater than that of bitcoin. The current inflation rate of BTC is 1.8% while that of USD is 6.4%. The inflation rate of BTC is on a steady pace of decli...
Opinion: The only market forecast that should matter to stock investors: When does the Fed decide that higher inflation is OK?
By this time last year, every stock market forecast made for 2022 was wrong. The U.S. stock market peaked on the first trading day of 2022 and went downhill from there. This year, every forecast made ...