Tag Archives: FOMC

Bitcoin is separating itself from risk assets with increasing HODL behavior and historical patterns suggest a mild down-turn, according to Bloomberg Intelligence’s latest report. The report discussed bitcoin and other cryptocurrencies as it relates to adoption, markets and defining asset classes.The report also explains how bitcoin is separating itself from …

Gold is benefiting from safe-haven flows and a dialing back of an uber hawkish Fed. Fed’s chairman, Powell, has taken out 75bps rate hike speculation in markets. At $1,885, the gold price is rallying some 0.87% on the day, breaking out of sideways consolidation and taking on a critical daily …

Jerome Powell, Chairman of the Federal Reserve System, is delivering his remarks on the monetary policy outlook at a press conference following the FOMC’s decision to hike the policy rate by 50 basis points in May.Key Quotes“We understand the pain from high inflation”.“It’s our job is to make sure high …

Jerome Powell, Chairman of the Federal Reserve System, is delivering his comments on the US monetary policy outlook at a press conference following the FOMC’s decision to hike the policy rate by 50 basis points in FOMC’s May meeting.Key quotes“Disruptions to supply larger, longer-lasting than anticipated.”“Ukraine war likely to restrain …

The Federal Reserve has raised rates by 50 bps as expected and seems open to further hikes. QT program launch and its potential ramp-up make the dollar scarcer. What most market participants see as most important, is the Fed comment on inflation: it is still high, “owing to supply and …

The US Federal Reserve announced on Wednesday that the FOMC had agreed to raise the target range for the federal funds rate by 50 basis points to 0.75% to 1%, in line with expectations. The US Dollar Index turned south with the initial reaction to the Fed’s policy announcements and …

The US central bank is to notch up on Wednesday its efforts to withdraw the stimulus it showered on the US economy after the pandemic upended global economies two years ago. Fed officials are expected to raise the benchmark rate by a half percentage point and approve plans to start …

Gold prices fell on Wednesday with the increase in the yield on US Treasury bonds and an imminent hike in the US interest rate, which negatively affected the demand for the precious metal. Spot gold prices fell 0.1 percent to $865.31 an ounce by 0040 GMT. US gold futures fell …

The investors’ major focus point on Wednesday will be on the decision and press conference by the two-day Fed’s policy meeting, as financial markets expect the US central bank to press ahead with a rate hike and formally announce the launch of a much-anticipated balance sheet reduction.The Federal Open Market …

Wall Street’s main indexes rose on Tuesday, as investors picked up shares of financials and beaten-down Megacap companies, while staying cautious about the Federal Reserve’s ability to tame inflation without impeding growth.Nine of the 11 major S&P 500 sectors rose, with energy (.SPNY) and financials (.SPSY) up 2.7% and 1.7%, …