Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting
Investors believe it is highly likely that the target rate will remain unchanged at the June 14 Federal Open Market…
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US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’
On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7%…
As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created
109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S.…
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50…
Former Fed Chair Alan Greenspan Says Decreasing Supply of Greenbacks Makes the US Dollar a ‘Better Store of Value’
On Nov. 2, 2022, the American economist and 13th chairman of the U.S. Federal Reserve, Alan Greenspan, published an opinion…
Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December
According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike…
UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for ‘Public Spending’ Increases
The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and…
Polkadot Suffers 10% Weekly Loss On Hawkish Fed – Time To Buy DOT?
To shed light on the protocol’s successes, Polkadot insiders have been providing key data. As it stands, these accomplishments are…
Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation
The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central…
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid…
