Crypto assets saw some wild swings in the day and are now trading to the upside. Risky assets are reacting to the FED’s decision to raise rates by 25-basis points, and the increasing global adoption m...
Tag: Inflation
Given The Wide Set Of Rate Scenarios, Here’s What The Fed Is Watching In 2022
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a Senate Banking, Housing, and … [+] Urban Affairs Committee hearing in Washington, D.C., U.S., on Thursday, March 3, 2022. Pow...
Fed ‘fully committed’ to bringing inflation down after interest rate bump
Federal Reserve Chairman Jerome Powell pledged to Americans that the central bank will continue to lever interest rates as much as needed to slow the rapid inflation weighing on the U.S. economy. “I’d...
Fed Raises Rates But Lacks Consensus, Seeing Moderation In Inflation In 2022
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing, … [+] Thursday, March 3, 2022 on Capitol Hill in Washington. (Tom Williams, Pool via AP) ASSOCIATED ...
Federal Reserve’s Long-Awaited Rate Hike Is Here: Powell Announces 0.25% Increase
Topline The Federal Reserve announced a 0.25% interest rate hike on Wednesday—the first increase since 2018, while also forecasting a more-than-expected six additional hikes this year, as the central ...
Federal Reserve meeting:
The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing economic growth. After keepi...
Bitcoin (BTC) and Crypto Markets Showing Resiliency Amid Inflation and War, According to Raoul Pal
Real Vision CEO Raoul Pal thinks Bitcoin (BTC) and other digital assets are holding up well despite facing a barrage of recent macroeconomic and geopolitical turbulence. In a new interview, the former...
Why Fed’s first rate hike since 2018 isn’t the key to economy’s future
The Federal Reserve is about to raise its benchmark interest rate for the first time since 2018, but it’s already time for the market to look past this well-telegraphed move, according to Kathy ...
Is the USD/CAD a sell after the strong Canada inflation data?
The USD/CAD pair retreated slightly on Wednesday after the relatively strong Canadian consumer inflation data. It fell to a low of 1.2727, which was slightly below this week’s high of 1.2900. Canada i...
Bitcoin Value Takes A Hit As U.S Inflation Rises
The recent acceleration in the United States Consumer Price Index for February has come at just the right time with matching expectations. The index is at 7.91%. It was expected to peak during Q1 and ...
Inflation is causing some older Americans to delay retirement plans
As inflation rises, many Americans are shifting life milestones, including retirement. Some 13% of Gen Xers and baby boomers say they have postponed or considered delaying plans to leave the workforce...
Retail sales February 2022 come up short as inflation puts dent in consumer spending
An Amazon Prime truck pulls away after a delivery in Washington, DC, on February 17, 2022. Nicholas Kamm | AFP | Getty Images Consumers continued to spend in February through at a slower pace than exp...
3 commodity ETFs to invest in amid soaring inflation
Commodity prices have been in a remarkable rally in the past few months. This month, crude oil prices jumped to a multi-year high of $131 while gold, silver, and palladium soared. This performance has...
Inflation Is a Problem. Today’s PPI Just Confirms It.
Text size Costs for the companies that produce goods have gone up, too. STEFANI REYNOLDS/AFP via Getty Images February’s producer-price index is out, but we didn’t need to wait for it to know that the...
These banks stocks are a great pick amidst inflation and Ukraine war
The rising rate environment is broadly known to be good for the banks but not all banks were made equal, said KBW’s Tom Michaud, as he suggested that investors be selective when picking stocks. ...
Most Wall Street Experts Now Predict Stagflation—Here’s What That Means For Investors And The U.S. Economy
Topline Professional investors are growing increasingly gloomy about the future, with the majority now predicting that stocks will fall into a bear market this year and the U.S. economy will be plague...
Elon Musk Says He Won’t Sell Bitcoin (BTC) and Two Other Crypto Assets Amid Rising Inflation
Tesla CEO Elon Musk is revealing plans to continue holding on to the cryptocurrencies he owns as inflation in the US reaches a four-decade high. Musk says in a tweet that Tesla and SpaceX are feeling ...
Bitcoin fails to crack $39K on Wall Street open as markets await Fed inflation decision
Bitcoin (BTC) began to show fresh volatility as Wall Street trading began on March 15, ahead of a crucial interest rate announcement from the United States Federal Reserve. BTC/USD 1-hour candle chart...
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 ...
Why the Federal Reserve raises interest rates to combat inflation
The Federal Reserve building in Washington, January 26, 2022. Joshua Roberts | Reuters The Federal Reserve is poised to announce its first interest rate hike since 2018 on Wednesday. The central bank ...
Michael Saylor Explains Why Bitcoin Is Best Inflation Hedge
Michael Saylor, CEO of MicroStrategy, explained the merits of Bitcoin amid the rising inflation to members of the Economic Club of New York on Monday. Saylor said the most prominent digital currency B...
Wholesale inflation climbed 0.8% in February, slightly lower than expectations
Another surge in energy prices pushed wholesale goods prices to their biggest one-month jump in record in February, according to Labor Department data released Tuesday. Final demand prices for goods j...
Elon Musk Continues To Prop Up His Bitcoin, Ethereum, Dogecoin Holdings Amid Rising Inflation ⋆ ZyCrypto
Advertisement     Key Takeaways Elon Musk shares thoughts on rising inflation. The billionaire advises investors to hold physical commodities and value stocks. As infl...
Inflation Hedging Coin Has Announced an International Video Production Contest – Press release Bitcoin News
press release PRESS RELEASE. IHC token team just announced a contest of video content creation with a prize pool of 100 million IHC tokens among Youtubers. All Youtube content creators with above 5k s...
Tesla will probably hike prices soon because of inflation, says analyst
The price for a Tesla (TSLA) may be going up again as the automaker confronts surging inflation. “I think they will announce in the next two weeks probably another price increase. They still hav...
Older Americans head back to the workforce amid inflation and volatile stocks
A growing number of retirees are heading back to work. In February, 3% of retired workers made the decision to return to work, marking the highest percentage to date during the pandemic and a continua...
Elon Musk Says Tesla and Spacex See Significant Inflation Pressure — Confirms He Won’t Sell Crypto – Economics Bitcoin News
Tesla and Spacex CEO Elon Musk has revealed that his two companies are seeing significant inflation pressure in raw materials and logistics. He advised people to own physical things when inflation is ...
Here’s everything the Fed is expected to do at its meeting this week
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, March 2, 2022. Stefani Reynolds | AFP | Getty I...
Here’s the takeaway from Saylor and Musk talking Bitcoin and inflation
What happens when two billionaires – or oligarchs, if you prefer – publicly talk about investments, inflation, and crypto online? You listen, of course. You’ll never walk Elon The story started when ...
Elon Musk says own ‘physical things’ when inflation is high, but he’s not selling his crypto
Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images As inflation roars at a p...
Inflation Worries Top Concerns Before Fed Meeting, Spur Musk Comment
“USD consumer inflation will continue near all-time highs, and asset inflation will run at double the rate of consumer inflation. Weaker currencies will collapse, and the flight of capital from ...