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Claudia Sahm Warns Fed: Delayed Rate Cuts Could Spur Unnecessary Recession
15.8.2024
In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession concerns, Sahm emphasized that the current labor market still shows strength, suggesting the economy...
Bitcoin price struggles as investors expect Fed interest rate cuts — Why?
11.7.2024
Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?
Bitcoin price struggles as investors expect Fed interest rate cuts — Why?
11.7.2024
Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?
Former Fed President Discusses Potential for 2 Interest Rate Cuts This Year
24.6.2024
Former Boston Fed President Eric Rosengren has outlined the potential for two interest rate cuts this year. He cited recent Federal Open Market Committee (FOMC) discussions and stabilizing inflation trends. “I am expecting we’ll probably get some more favorable inflation numbers over...
First Mover Americas: Bitcoin Tops $66K as Interest-Rate Cuts Loom
16.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Best Crypto to Buy Now April 16 – Celestia, Pepe, Fantom
16.4.2024
With cryptocurrency markets a sea of red on Tuesday, as the market continues to trade heavy amid a cocktail of concerns about Middle Eastern geopolitical tensions and about the falling likelihood of near-term Fed interest rate cuts, investors are turning to smaller and lesser-known altcoins as they...
Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable
23.2.2024
Matrixport identified four key catalysts that could propel Bitcoin's Price to $63,000 in March, including the recent approval of spot Bitcoin ETFs, the upcoming halving event, and interest rate cuts.
The post Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable appeared...
FOMC Likely to Keep Rates Unchanged in March After Hot Inflation Report
14.2.2024
Wall Street braced for a chilly reality as hotter-than-expected inflation data sent major indexes tumbling on Tuesday. The Labor Department report revealed US consumer prices surged in January, exceeding forecasts and fueled by rising shelter costs. This unexpected heatwave extinguished...
Markets Overly Confident Regarding Fed Rate Cuts, Risk Assets Could Decline: JPMorgan
31.1.2024
The U.S. Federal Reserve’s potential policy easing through interest rate cuts this year may not unfold as quickly and decisively as financial markets currently anticipate, according to JPMorgan Asset Management’s note published earlier this month. The asset manager remarked that essential...
UBS Predicts Gold Prices Will Rise 10% in 2024 Amidst Fed Policy Pivot
24.1.2024
UBS, a financial services company, predicts that 2024 will be fruitful for gold, forecasting a price increase of 10% over current market prices. According to UBS analysts, this price increase will be powered by a pivot in the current policy of the U.S. Federal Reserve, which is projected to start...
Cantor Fitzgerald’s CEO Says He’s A Big Fan of Bitcoin and Stablecoin Issuer Tether
13.12.2023
Image Source: Pixabay Howard Lutnick, the CEO of Cantor Fitzgerald says he is a fan of Bitcoin (BTC) citing the halving cycle and its decentralized nature as reasons behind the widespread popularity. Speaking at CNBC’s Money Mover podcast, the CEO commented on inflation, the reaction of the Feds...
Goldman Sachs Predicts First Fed Interest Rate Cut in Q3 2024 – How Will Crypto Markets React?
11.12.2023
Source: Pixabay Banking giant Goldman Sachs projects two interest rate cuts in the United States by the Federal Reserve in 2024 with the first to be announced in the third quarter. A recent Reuters report states Goldman Sachs sees two rate hikes next year citing cooling inflation after...
Bitcoin Price Prediction as BTC Breaches $40,000 Level For the First Time in 18 Months
4.12.2023
Bitcoin, the trailblazer of the cryptocurrency world, has soared beyond expectations, breaking through the $41,000 threshold, a feat not seen in the last 18 months. This bullish trend is driven largely by market optimism surrounding the U.S. Federal Reserve‘s anticipated interest rate cuts...
Goldman Sachs Expects Fed to Start Cutting Interest Rates in Q2 Next Year
15.8.2023
Goldman Sachs has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. The global investment bank’s economists also expect the Fed officials to forego hiking rates at their upcoming meeting. “We are penciling in 25 basis points of cuts...
Peter Schiff Warns Investors of 2 ‘Huge Surprises’ — Foresees Inflation Too High for Fed Rate Cuts to Stimulate Economy
13.8.2023
Economist Peter Schiff says investors are in for “two huge surprises.” Noting that the Federal Reserve has already lost its fight against inflation, he explained that by the time the U.S. economy officially enters a recession, inflation will be too high for the Fed to “stimulate” with...
Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
Fed Officials Ponder Funding Hedge Funds and Private Brokers Directly
15.1.2020
On January 13, the New York Federal Reserve gave $60.7 billion to eligible private financial institutions by leveraging U.S. Treasurys and agency securities. With all the stimulus given to financial institutions since September, it hasn’t relieved the stress of economic uncertainty. Now...
‘In Small Steps’ China Cuts Benchmark Interest Rates
1.12.2019
Careful not to rush too much with stimulus, the Chinese government nevertheless realizes that its behemoth economy is invariably slowing down. New loan interest rate cuts have been announced recently to encourage bank lending and borrowing in the private sector. With a brewing liquidity crisis...
The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn
25.7.2019
“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those...