The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said. “I …
Desperate times call for desperate measures, and times, arguably, are desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a key US interest rate in more than 40 years. After another dismal US inflation report, economists at the brokerage Nomura Securities on Tuesday became the first …
The biggest Fed rate hike in 40 years? It could be coming next week. Read More »
John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019. Carlo Allegri | Reuters New York Federal Reserve President John Williams said Tuesday he expects interest rates to continue higher and to remain at those levels until inflation is subdued. Echoing recent …
Fed’s Williams pushes back on expectations of a rate cut next year Read More »
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. On July 27, 2022, the Federal Reserve went through with another 75-bp rate hike. This was …
Bitcoin Price Moves Higher On Fed Rate Hike – Bitcoin Magazine Read More »
Mortgage rates dropped last week as fears grow that the US economy is entering a recession. The 30-year fixed-rate mortgage averaged 5.30% in the week ending July 28, down from 5.54% the week before, according to Freddie Mac. That is still significantly higher than this time last year when it was 2.80%. Rates rose sharply …
Mortgage rates fall as fears about the US economy loom Read More »
