Tag Archives: FED

The recent banking crisis has helped Bitcoin rise in 2023, and some other cryptocurrencies are following suit: At the same moment that Bitcoin has surpassed $30,000, ether has surpassed $2,000 for the first time since May 2022. Bitcoin was earlier on Thursday at $30,533, up 1.5% from where it was …

US stocks rose on Thursday after less-than-expected inflation data encouraged traders’ expectations for a soft landing for the US economy. Big Tech led the way as stocks rose on Thursday as traders celebrated yet another report that suggested that US inflation was slowing. The S&P 500 climbed 1.3% to 4,145, …

The price of gold is rising, however it is still below the year’s highs, which were previously set at about $2,048.79, as US data showed the US economy is still slowing down. As a result, the US Dollar (USD) declined as US Treasury bond yields continued to decline, while Gold …

Stocks and bonds made small changes on Wall Street on Tuesday as trading was quiet in anticipation of news later in the week that might affect the markets.The S&P 500 lost 0.17 points, or less than 0.1%, to 4,108.94, its smallest one-day movement in more than a year. The majority …

Federal Reserve Bank of Chicago President Austan Goolsbee, said on Tuesday that policymakers need to be cautious about raising interest rates after recent development in the banking sector. He mentioned that the central bank needs to assess the potential impact of the financial stress on the real economy. Speaking at …

According to the Federal Reserve Bank of New York President “Financial system troubles that drove the central bank to provide large amounts of credit to banks is not collateral damage from the Fed’s aggressive effort to lower inflation.”John Williams, who is also Fed’s Vice Chairman of the FOMC Committee, said …

The monthly employment report from the United States was sufficient to resurrect worries about economic growth and the possibility of entering a recession. After a long weekend, Australia will announce Westpac Consumer Confidence.The AUD/USD pair falls for a sixth day in a row close to the 0.6600 level. After Wall …

U.S. stock futures were largely steady on Monday as traders re-entered the market after the Easter weekend and faced a slew of important economic reports that might influence the direction of Federal Reserve monetary policy going forward. At 11:00 GMT, the Nasdaq 100 futures were down 16 points or 0.13%, …

Investors are more confident now than they were before the banking crisis in March that the Fed will lower interest rates in the second half to prevent a recession. Bond yields have decreased as a result of such bets, boosting the massive growth and technology stocks that control broad market …

On Friday, when markets are closed worldwide for Easter, the official US jobs report will be released. The increase in nonfarm payrolls for March is anticipated to be 240,000. The trade volume on Friday is probably going to be thin, with volatility spiking around the NFP report. There won’t be …