The Federal Reserve yanked a short-term interest rate higher this week, making it more expensive to borrow money to buy a home or fix it up. All in the name of slowing inflation. The central bank rais...
Tag: Rates
Fed raises interest rates by 0.50%, largest move since 2000
The Federal Reserve on Wednesday raised short-term interest rates by 0.50%, as part of an effort to tamp down the inflationary pressures weighing on Americans. The central bank suggested that it will ...
US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table – Economics Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Fed raises rates by 50 bps: ‘50 bps won’t stop inflation for long time’
The U.S. central bank lifted its benchmark interest rate by 50 bps on Wednesday to tackle inflation that stands at about a forty-year high of 8.50%. 75 bps increase is not on the cards Stocks still we...
Fed Raises Rates by 50 Basis Points
Key Takeaways The Federal Reserve has increased interest rates by 0.5%. Chair Powell said that more 50-basis point hikes were on the table. The crypto market seemed to respond well to the FOMC meet...
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
WASHINGTON — The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point, the most aggressive step yet in its fight against a 40-year high in inflation. “Infla...
Dow Jumps 900 Points After Federal Reserve Hikes Interest Rates By Half-Percentage Point
Topline The stock market surged higher on Wednesday after the Federal Reserve raised interest rates by 0.5% in a move widely-anticipated by investors, as the central bank continues on its path of aggr...
Crypto Market Tumbles, With FED Raising Interest Rates! Is it The Start of a Market Crash?
As the market crash has just begun, the biggest question arises, will these actions by the FED have any real-time impact on inflation? Well, the history says, if we look back to years when inflation w...
How high can the Fed hike interest rates before a recession hits? This chart suggests a low threshold.
The days when the Federal Reserve could raise its benchmark interest rate significantly above 5% without sparking a recession may be a thing of the past, according to Wells Fargo Investment Institute....
How Fed’s bigger, faster rate hikes will affect your credit card, mortgage, savings rates
Just six weeks ago, Americans were facing sharply higher borrowing costs as the Federal Reserve launched an aggressive campaign of interest rate hikes to curb soaring inflation. Now the Fed is putting...
Powell wants to get rates closer to neutral. But what’s neutral? Think between 5% and 6%, former top Fed staffer says
With U.S. inflation surging higher than anyone expected, Fed Chairman Jerome Powell, has laid out a policy path where the Fed is going to move quickly to get its benchmark interest rate up to “to a mo...
Crypto markets mixed as Fed meets to decide rates | Daily News| OKX Academy
BTC and ETH are slightly down while many await information from the U.S. Federal Reserve. The total cryptocurrency market is down just over half a percent today. BTC is down 1.5% while ETH is mostly ...
Crypto.com Revises Card Staking Rates Following Backlash
Crypto.com is now offering amended card staking rates instead of eliminating the rewards program following community backlash, according to the company’s chief executive. Crypto.com CEO Kris Marszalek...
Mortgage rates surge as home affordability nears record worst
A “For Sale” sign outside a home in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Mortgage rates just hit their highest level since 2009, and home prices are continuing to...
Terra’s Largest DeFi Platform Just Cut Yield Rates, Here’s Why:
Anchor Protocol, the largest DeFi platform on Terra, recently reduced its annual yield rates in a bid to improve the platform’s sustainability. The move comes after users approved a proposal in March ...
Germany is the number one tax haven for crypto investors with 0% tax rates
Germany has recently made news for being a crypto-friendly nation that encourages citizens to hold their cryptocurrency. The German Federal Central Tax Office regards cryptocurrencies as private money...
Feds Expect Interest Rates to Rise to Combat Inflation
With the Federal Open Market Committee (FOMC) scheduled to meet on Wednesday, some analysts expect the committee to raise the interest rates aggressively in order to combat the rising inflation. Acco...
Mortgage rates pause their rapid ascent, but homebuyers remain discouraged
The rapid rise in mortgage rates finally paused this week, but the increase in borrowing costs since the start of the year have already dampened homebuyer activity. The average rate on the 30-year fix...
Central banks to put rates in pain zone to fight inflation
LONDON — Overcoming doggedly high inflation requires interest rates to be pushed into the “pain zone.” But whether any central bank has the nerve to do it is the question, according to inv...
The Fed Wants to Raise Rates Quickly, but May Not Know Where to Stop
Federal Reserve Chairman Jerome Powell is shifting monetary tightening into a higher gear. His goal sounds straightforward—lift interest rates to “neutral,” a setting that neither spurs nor slows grow...
Lockheed Martin, Target Lead Five Stocks Near Buy Points Amid Rising Rates, Inflation
Lockheed Martin (LMT), Target (TGT) and property REIT stock Extra Space Storage (EXR) rank among this week’s top stocks to watch, amid rising interest rates and inflation. Paychex (PAYX) and Wey...
These money and investing tips can be keys to success when stock and bond markets fail
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS 4 Earth Day ETFs targeting cle...
U.S Mortgage Rates Rise for a Seventh Consecutive Week
In the week ending April 21, 2022, mortgage rates rose for a seventh consecutive week. 30-year fixed rates rose by 11 basis points to 5.11%. 30-year fixed rates jumped by 28 basis points in the week p...
Bitcoin funding rates show demand to short BTC as $40K becomes resistance
Bitcoin (BTC) consolidated under $40,000 on April 23 as market expectations favored further losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Extreme fear” accompanies B...
Kindergarten Vaccination Rates For Measles, Mumps, Tetanus Fell Due To Pandemic Disruptions, CDC Says
Topline The proportion of U.S. kindergarteners vaccinated against diseases like measles, mumps and tetanus decreased by about one percentage point during the 2020-2021 school year, as the Covid-19 pan...
Mortgage rates exceed 5%, home sales drop
Mortgage rates jumped past the 5% threshold this week, the highest level since April 2010, continuing its stubborn climb as the spring selling season kicks off. The rate on the 30-year fixed mortgage ...
Bitcoin Funding Rates Remain Unmoved Despite Recovery
Bitcoin has been recording another recovery in recent days. This comes after the dip that saw the digital asset lose its footing above $40,000 once more but this would prove to be only short-lived as ...
‘The Fed always screws up.’ This forecaster sees inflation peaking and U.S. stocks in a bear market by summer
Keith McCullough, founder and CEO of Hedgeye Risk Management, has been bullish on gold, silver and utilities since the start of the year, when his investment-research firm’s economic models turned bea...
With interest rates rising, it’s time to focus on MANG stocks instead of FAANG, according to Jefferies
Heading into the Federal Open Market Committee’s policy meeting, analysts at Jefferies on May 3 advised investors to avoid the popular FAANG + Microsoft group of stocks. They pointed instead to a grou...