The FOMC meeting on 1 February was perhaps the most anticipated event in the investment landscape. This includes the cryptocurrency market, hence the heavy expectations, especially among Bitcoin inves...
Tag: Powell
Crypto market uncertainty even after Powell relatively dovish
Federal Reserve Chairman Jerome Powell announced the possibility of another couple of rate rises before pausing for the rest of 2023. Bitcoin is still to decide up or down. An end to rate hikes in sig...
Bitcoin (BTC) Reaction To Powell Speech, US Rate Hike Hardly Lasts Long; Here’s Why
Bitcoin (BTC) News: Considering the market’s confidence that the rate hike will further be slowed down this time to 25 bps, the crypto market reaction could go either way. In recent times, it has beco...
3 main takeaways from Chair Powell
The much-awaited Federal Reserve (Fed) monetary policy decision triggered volatility in financial markets. While the outcome was widely expected (i.e., Fed hiking the funds rate by 25bp), the press co...
Powell to Set Off ‘Healthy Withdrawal’ in Bitcoin, Experts
The year 2023 has started full of positivity, with bitcoin (BTC), a pure play on the United States dollar liquidity situation, outshining traditional risk assets with a 40% value input. The rall...
The More Powell Spoke, the More Stock and Bond Markets Rallied
(Bloomberg) — Behind closed doors, Federal Reserve policy makers worry rallying markets are impeding their efforts to control inflation. But every time Jerome Powell goes out in public he gives ...
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell – Economics Bitcoin News
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-poi...
Powell Won’t Break S&P 500 Rally; Wage Growth Eases
If markets are right, tomorrow’s Fed meeting policy statement will announce the next-to-last rate hike of the cycle, with a quarter-point move that’s expected to be matched on March 22. Ho...
Opinion: The Fed expects a ‘soft landing’ and no recession for the economy. We could get stagflation instead.
I am especially wary of economists — that includes Federal Reserve members and well as former Fed members — who are quick to see a soft landing for the U.S. economy. Soft landings are rare. Former Fed...
What will the Fed and Jerome Powell do next week?
Jittery U.S. investors are still in “bad news is good news” mode because they want to see interest rates decline. And they expect to get what they want, as shown by the inverse yield curve. Two-year U...
Fed set to deliver quarter-point rate hike along with ‘one last hawkish sting in the tail’
The Federal Reserve will downshift to a 25 basis point rise in its policy interest rate at their upcoming interest-rate meeting and will work overtime to make sure that the market doesn’t get the idea...
Powell Says the Fed Isn’t a ‘Climate Policy Maker.’ What That Really Means.
Text size Federal Reserve Chairman Jerome Powell said the Fed is not “and will not be, a ‘climate policy maker.’” Kevin Dietsch/Getty Images About the authors: David Arkush is director of Public Citiz...
Federal Reserve Chairman Jerome Powell tests positive for Covid
Federal Reserve Board Chairman Jerome Powell holds a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Buildi...
When The Gold Dust Settled
UNITED STATES – APRIL 23: Gold dust on the scales, Klondike, Alaskan gold rush, Alaska, United … [+] States of America. (Photo by DeAgostini/Getty Images) De Agostini via Getty Images With...
Fed: Jerome Powell remains hawkish on inflation
At the Riksbank International Symposium, Fed Chairman Jerome Powell hints without mincing words that even for 2023 there will be rate hikes probably up to 5% and that the Fed’s action will not stop re...
Fed Chair Powell Silent As Bond Markets See Recession, Rate Cuts
Often, it’s what isn’t said that deserves the most attention. Federal Reserve Chairman Jerome Powell’s decision to sidestep the issue of inflation and rate hikes during a central b...
Bitcoin price holds $17K into Fed Powell speech as GBTC jumps to multi-month highs
Bitcoin (BTC) stayed above $17,000 on Jan. 10 as risk assets awaited fresh cues on policy from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell to ...
Stocks rise after busy day of Fedspeak, Powell comments
U.S. stocks closed higher Tuesday, even as Wall Street processed hawkish rate talk from Federal Reserve officials and remarks on inflation from Chair Jerome Powell at an event hosted by Sweden’s...
Fed Chair Jeremy Powell all Set to Deliver his Speech-Will Crypto Market Drop Again?
The post Fed Chair Jeremy Powell all Set to Deliver his Speech-Will Crypto Market Drop Again? appeared first on Coinpedia Fintech News U.S FED’s Chair, Jerome Powell is going to speak at the Sveriges ...
Powell reiterates Fed is not going to become a ‘climate policymaker’
Chair of the Board of Governors of the Federal Reserve System Jerome H. Powell participates in a panel during a Central Bank Symposium at the Grand Hotel in Stockholm, Sweden, January 10, 2023. Claudi...
Powell stresses need for Fed political independence on tackling inflation
Federal Reserve Chairman Jerome Powell on Tuesday emphasized the need for the central bank to be free of political influence while it tackles persistently high inflation. In a speech delivered to Swed...
Stocks Dip, Powell, Pfizer Oak Street, Microsoft-5 Things To Know
Five things you need to know before the market opens on Tuesday January 10: 1. — Stock Futures Slip Lower On Hawkish Fed Signals U.S. equity futures slipped lower Tuesday, extending a move from...
Dow Jones Reverses Lower Ahead Of Powell Speech; 7 Best Stocks To Buy And Watch
Dow Jones futures were slightly lower in extended trade ahead of Federal Reserve Chairman Jerome Powell’s speech Tuesday. The Dow Jones Industrial Average rallied as many as 305 points Monday be...
Fed’s Powell won’t stop rate hikes until he ‘terrifies’ the wealthiest of investors, says this CIO
Investors are waking up to a whiff of positivity where stocks are concerned for Monday, after last week’s first gain in five that was prompted by weak wage growth Alongside a bleak Institute for Suppl...
Jerome Powell Triggers Crypto Market Shakeup ⋆ ZyCrypto
Advertisement     The cryptocurrency market, led by Bitcoin (BTC) and Ether (ETH), has been recording a price surge following a remark made by Federal Reserve chair Je...
Powell Sees Rates Higher for Longer, But Market Doesn’t Buy It
(Bloomberg) — Federal Reserve Chair Jerome Powell says the central bank has more work to do in raising interest rates and vanquishing inflation. Investors on Wall Street seem to see the outlook ...
Wall Street to Jerome Powell: We don’t believe you
Do you want the good news about the Federal Reserve and its chairman Jerome Powell, the other good news…or the bad news? Let’s start with the first bit of good news. Powell and his fellow Fed committe...