Bitcoin funding rates have been dropping over the last couple of weeks. Even as the price of the digital asset had plummeted, causing some to call it being on ‘discount’, these funding rates have refu...
Tag: Rates
Fed to Lose Money Next Year as It Raises Rates, Dudley Says
(Bloomberg) — The Federal Reserve looks on course to lose money next year as it raises short-term interest rates to try to rein in inflation, according to former New York Fed President William D...
These 3 bank stocks can ‘make fortunes’ from higher rates
CNBC’s Jim Cramer on Thursday said that investors who believe the Federal Reserve can pull off a soft landing should have bank stocks on their shopping list. “If you think we’re head...
Mortgage Rates Surge The Most In 35 Years As Fed Hits Home Buyers
U.S. mortgage rates surged the most in more than 36 years this week, data from Freddie Mac indicated Thursday, as house buying costs continue to track the Federal Reserve’s interest rate path am...
‘We are not overly concerned’ about inflation and rates hammering ARK
Noted tech investor Cathie Wood is staying true to her investing style — bold bets on buzzy future leaders — despite seeing her funds hammered during the plunge into bear territory for stock markets a...
Federal Reserve Interest Rates Hike by 0.75% Dampen Bitcoin Recovery Further
4 hours ago | 2 mins read Bitcoin News For the economy to go forward, Powell said that inflation has to level off. Michael Saylor has justified the company’s choice to invest in Bitcoin. With an incre...
Stocks snap 5-day losing streak after Fed raises rates by most since 1994
U.S. stocks jumped Wednesday afternoon as investors considered the Federal Reserve’s latest monetary policy decision. In this, the central bank hiked interest rates 75 basis points, or the most ...
Fed sees inflation topping 5% in 2022 and then falling rapidly due to higher rates
The Federal Reserve on Wednesday predicted U.S. inflation would exceed 5% by the end of 2022 — much higher than its most recent forecasts — underscoring its more aggressive strategy in raising interes...
‘Be careful what you wish for’ on interest rates, top strategist warns
As big name investors such as Bill Ackman and Jeff Gundlach clamor for the Federal Reserve to hike interest rates by 100 basis points or more, one top strategist thinks observers should really think t...
Fed raised rates by 75 bps: ‘they’re responding to backward-looking indicator’
The S&P 500 index is up nearly 3.0% on Wednesday after the U.S. Federal Reserve announced its biggest rate hike since 1994. A brief recap of the FOMC meeting Benchmark interest rates raised by 75 ...
Dow Jumps 300 Points After Powell Says Fed Could Hike Rates By 75 Basis Points Again In July
Topline The stock market moved higher on Wednesday after the Federal Reserve raised interest rates by 75 basis points—the largest increase in 28 years, while Fed Chair Jerome Powell also signaled that...
Powell says Fed could hike rates by 0.75 percentage point in July
Federal Reserve Chair Jerome Powell. Xinhua News Agency | Xinhua News Agency | Getty Images Federal Reserve Chair Jerome Powell said Wednesday the central bank could raise interest rates by a similar ...
Fed Makes Unusually Large Rate Hike, Expects Rates Over 3% By Year End
Jerome Powell, chairman of the US Federal Reserve, following a ceremony in Washington, D.C., US, on … [+] Monday, May 23, 2022. The Senate this month voted to confirm Powell for a second four-ye...
Fed Raises Rates By 75 Basis Points
Key Takeaways The Fed raised rates by 75 basis points today, the biggest hike since 1994. The decision comes as the inflation in the United States officially hits a forty-year high. The market reacted...
Stocks Pare Back Gains After Federal Reserve Hikes Rates By 75 Basis Points
Topline The stock market opened higher on Wednesday but pared back gains after the Federal Reserve raised interest rates by 75 basis points—the largest increase in 28 years, as investors continue to w...
How raising rates slows inflation
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 4, 2022 in Washington, DC. Win McNamee | Getty Images The Federal Reserve lo...
Sam Zell: Fed ‘should’ raise interest rates by a ‘full point’ today
The U.S. Federal Reserve should lift interest rates by a “full point” this afternoon as it’s still significantly behind the curve, says billionaire investor Sam Zell. Zell’s re...
Bitcoin Slips Below $21,000 Amid Rising Inflation Rates
The price of Bitcoin (BTC) briefly slipped below $21,000 in the early hours of Tuesday morning, a 52-week low for the world’s largest cryptocurrency by market capitalization. Bitcoin dropped to lows o...
Mortgage demand is now roughly half of what it was a year ago, as interest rates move even higher
Total mortgage application volume was 52.7% lower last week than the same week one year ago, according to the Mortgage Bankers Association’s seasonally adjusted index. Sharply rising interest ra...
Mortgage rates hit 6.3%—the real cost to buy a house has officially spiked over 50% in just 6 months
Heading into the year, Fannie Mae predicted that the average 30-year fixed mortgage rate would climb from 3.1% to 3.3% by the end of 2022. The Mortgage Bankers Association was a bit more bullish for m...
Fed likely to hike rates by three-quarters of a point this week
Markets are beginning to anticipate an even faster pace of interest rate hikes, and Federal Reserve officials apparently are contemplating the possibility as well. Central bank policymakers are entert...
Abortion Rates In The U.S. Rose In 2020 After 30 Years Of Decline, Report Says
Topline The number of abortions carried out in the U.S. rose in 2020 after hitting a 44-year low in 2017, according to a study published on Wednesday, a finding that comes before a widely expected Sup...
Here’s How Markets Reacted Last Time The Fed Hiked Rates By 75 Basis Points
Federal Reserve Chair Jerome Powell. Alex Brandon/ASSOCIATED PRESS The stock market carnage this year continues to get worse, with the S&P 500 recently falling into a bear market amid rising fears...
Cryptology offers the highest rates in crypto trading
If you have heard about Cryptology before then it is probably due to its popularity as an online crypto exchange. With low fees, trading bots, and 24/7 support, Cryptology is indeed an excellent digit...
US Mortgage Rates Jump on Fed Rate Hike Expectations
In the week ending June 9, mortgage rates rose for the first time in four weeks. 30-year fixed rates jumped by 14 basis points to 5.23%. 30-year fixed rates had slipped by one basis point in the week ...
Rising loan rates, gas prices ‘a real problem for auto demand’: Analyst
On Friday, new inflation data revealed that it’s still getting more expensive for Americans to buy cars, with prices of new and used vehicles spiking 12.6% and 16.1%, respectively, in the past y...
The economic shock hitting the housing market is getting bigger—6% mortgage rates look close
The good news: The Federal Reserve has the instruments necessary to rein in runaway inflation. The bad news: Those instruments are, well, blunt and will hit some sectors harder than others. Among the ...
Electricity Rates Increase 30% For Bitcoin Miners In Washington
As Bitcoin mining operations require more high degree of electricity than any other consumers, County Public Utility District (PUD) Commissioners have approved a bill this week to charge Bitcoin miner...
Rising mortgage rates slam the gate shut on hopeful homebuyers
‘Not pretty’: Rising mortgage rates slam the gate shut on hopeful homebuyers U.S. mortgage rates moved back up in anticipation of next week’s Federal Reserve meeting, where policymakers are expected t...
Stock Markets Falls On Highest Inflation In 40 Years; Fed Expected To Raise Rates Even Further
The stock market closed sharply lower on Friday as inflation hit its highest level in 40 years, signaling the Federal Reserve is likely to increase rates even further through September. X The S&P ...
BTC miners are affected by the increase in power rates
BTC miners A few days before the start of June, the crypto mining industry is optimistic, reporting an increase in its operations. The United States is among the most relevant countries for Bitcoin mi...
US Inflation Rates Will Be Released Today ! How Will Crypto Market Respond ?
Bitcoin price is currently cemented along with $30,000 levels for nearly a month, waiting for a boost to break out of the consolidation. However, after a healthy accumulation BTC price was expected to...