(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 ...
Tag: Rate
Job Numbers Keep Climbing, Sinking Chances of Rate Cuts
What did you know and when did you know it? If one were to pose that Watergate-era question to Federal Reserve Chairman Jerome Powell, on the issue of whether he gets an advance peak at key economic d...
Markets Fall as Huge Job Gains Fuel Rate Hike Worries
Key Takeaways The Nasdaq led major U.S. equities indexes lower on Friday, Feb. 3. An upside surprise in the jobs report raised concerns that the Fed would remain aggressive in its fight against inflat...
SHIB Burn Rate Soars 502% as Shiba Inu Strives for Big Rise
Yuri Molchan Shiba Inu army has managed to push burn rate of its beloved meme cryptocurrency up significantly Contents Burn rate pushed up 502% SHIB wins by these two metrics According to recent data ...
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...
U.S. Unemployment Rate Falls To 3.4%; Crypto Turns Red
The most current report on nonfarm payrolls from the Bureau of Labor Statistics indicates that the United States added 517,000 jobs for the month of January. Although this is a higher number than the ...
U.S Unemployment Rate Figure Lower Than Expected at 3.4%
Bitcoin News Statistics show that in January, a staggering 517k new employment were created. The addition of new employment is good for the Dollar but bad for Bitcoin. The market has reached a point ...
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 ...
Coinbase Stock Surged Over 24% Following Fed Interest Rate Hike
13 seconds ago | 2 mins read Exchange News Coinbase Shares surged by over 24% in just one day. Federal judge dismissed a class-action lawsuit against the crypto exchange. Today the U.S based cryptocur...
Payrolls surge by 517,000, unemployment rate falls to 3.4%
U.S. job growth blew past expectations in the first month of the year as the labor market continued to breeze through inflation-fighting monetary tightening by the Federal Reserve. The Labor Departmen...
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....
Labor Market Added 517,000 Jobs In January—Unemployment Rate Falls To 54-Year Low Of 3.4%
Topline Despite waves of layoffs hitting some of the nation’s largest employers, the unemployment rate unexpectedly fell, and the labor market added back more jobs than expected in January—adding to s...
Payrolls increased by 517,000, unemployment rate at 53-year low
The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their strongest gain since July 2022. Nonfarm payrolls increased by 517,000 for January, above the Do...
ECB Rates Interest Rate by 0.5% in Contrast to Fed’s 0.25% Hike
3 hours ago | 2 mins read Bitcoin News This was done because of expectations that inflation would remain high. The ECB has signaled raising interest rates by another half percentage point in March. Th...
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...
Crypto market jumps following Fed rate decision
Crypto prices soared after the market opened on Thursday, as traders responded to the Federal Reserve’s interest rate decision yesterday with a bullish sentiment. Bitcoin rose 3.5% to $23,730 ar...
Expert is optimistic on crypto after the Fed rate hike, markets turn green
The U.S. Federal Reserve (Fed) chair Jerome Powell announced yet another rate hike to bring inflation down to the 2% mark. This is the eighth consecutive time in less than a year that the Fed has incr...
Crypto Market Reacts Positively as Fed Raises Interest Rate by 25 BPS
2 hours ago | 2 mins read Editors News The Fed implemented its smallest interest rate rise since March 2022. The crypto market responded positively with Bitcoin price even breaching $24k mark. In its ...
BTC’s Price Rises as Market Reacts to the Fed Interest Rate Hike
BTC’s price reached a high of $24,253.28 over the last 24 hours. Technical indicators on BTC’s 4-hour chart are showing bullish signs. BTC’s price may look to rise to the next resistance level at $25,...
Bitcoin Soared to 5-Month High Above $24K Following Fed’s Interest Rate Hike (Market Watch)
Although BTC didn’t react at first to the US Fed interest rate spike, the asset went on a roll hours later, registering a new highest price level in over five months. Most altcoins have charted even m...
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...
Why the Fed’s interest rate hike is ‘good news for mortgage rates’
The Federal Reserve’s move to hike interest rates signals good news for the housing sector, some experts say. The central bank hiked its benchmark interest rate on Wednesday by a quarter percentage po...
Lido DAO Governance Token Down, Staked Ether Price Stable, as Withdrawal Proposal Comes Into Focus; Bitcoin Price Rises as Fed Rate Decision Nears
“Gentle, quick and responsible, the Rabbit is the fourth animal in the 12-year cycle of the Chinese horoscope. Together with yin water, this combination bodes well for a calmer 2023 compared to last y...
Tech stocks soar after Fed’s latest rate hike
Tech stocks rallied Wednesday following the Federal Reserve’s latest interest rate increase after Fed Chair Jerome Powell suggested signs of “disinflation” are building in the econom...
Morgan Stanley’s chief strategist thinks investors are in for a bumpy ride after they realize there’s no more Fed rate cut ‘heroin’
With inflation falling from its 40-year high in June, investors are betting the Federal Reserve will end its interest rate hiking cycle and “pivot” to rate cuts this year, juicing markets like they di...
Cipher Mining doubles hash rate capacity in January
Cipher Mining reached a hash rate capacity of 4.3 EH/s by the end of January, a 53.6% month-over-month increase. It also more than doubled the total number of bitcoin mined, reaching 343, most o...
Bond king Jeffrey Gundlach says he expects one more Fed rate hike
DoubleLine Capital CEO Jeffrey Gundlach said he sees one additional rate hike from the Federal Reserve before the central bank ends its tightening cycle. “I think one more,” Gundlach said ...
Fed just ruled out rate cuts this year: ‘be cautious on equities’
S&P 500 just added close to a 100 points after the U.S. Federal Reserve announced its eighth consecutive rate hike to fix inflation that still sits at 6.5%. Fed raises interest rates by another 25...
Bitcoin, Ethereum, and Equity Markets Drop as Fed Likely to Hike Interest Rate
With the coming of new year, financial markets around the world started showing gradual upward movements. This includes the crypto market as well, where the global crypto market capitalization crossed...
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...
Fed rate decision February 2023: Quarter point hike
The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter percentage point and gave little indication it is nearing the end of this hiking cycle. Aligning with market expectatio...