Feds

Stock Market Pauses On Fed's Next Move;  Is AMD A Bargain?

Stock Market Pauses On Fed’s Next Move; Is AMD A Bargain?

The major stock market indexes posted small losses in a quiet Monday session as investors look to the Federal Reserve this week for answers. The central bank meets Tuesday and Wednesday, with policymakers set to raise rates by 75 basis points once again. X The S&P 500 pulled back 0.5% while the Nasdaq composite trimmed …

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Fed's Bullard Leaves Open Possibility of Larger December Hike

Fed’s Bullard Leaves Open Possibility of Larger December Hike

(Bloomberg) — The Federal Reserve Bank of St. Louis President James Bullard left open the possibility that the central bank would raise interest rates by 75 basis points at each of its next two meetings in November and December, while saying it was too soon to make that call. Most Read from Bloomberg The Fed …

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Investment Hyped by Bill O'Reilly Was Ponzi Scheme, Feds Say

Investment Hyped by Bill O’Reilly Was Ponzi Scheme, Feds Say

For years, National Realty Investment Advisors promised their clients an easy way to get rich. And they had bold-faced names like Bill O’Reilly and Lawrence Taylor making their case. After investing a few thousand dollars, the New Jersey-based group focused on high-end real estate in gentrifying neighborhoods claimed, clients might see returns of at least …

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White-collar workers are feeling the brunt of the Fed's rate hikes.  Here's why  CNN Business

White-collar workers are feeling the brunt of the Fed’s rate hikes. Here’s why CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — September’s hotly anticipated jobs data ended up cooling markets on Friday. Stocks …

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Powell says job market will have to suffer for inflation to fall

The Fed’s fight against inflation could cost the US 1.2 million jobs

Data, however, doesn’t mince words. The Fed’s latest economic projections, released Wednesday alongside a massive third consecutive interest rate hike of 75 basis points, show that the central bank is expecting the nation’s unemployment rate to grow to 4.4% next year — up from August’s 3.7% — and potentially as high as 5%. Assuming no …

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Gold is so unloved it is becoming immune to Fed's oversized rate hikes - MKS' Shiels

Gold is so unloved it is becoming immune to Fed’s oversized rate hikes – MKS’ Shiels

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The gold market shows relative strength in the face of rising interest rates and a US dollar that continues to …

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Bitcoin, Ethereum Drop, Dogecoin Flat: Analyst Sees 'Peak Crypto Pessimism' Setting In Ahead Of 'Fed's Fireworks' - Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD)

Bitcoin, Ethereum Drop, Dogecoin Flat: Analyst Sees ‘Peak Crypto Pessimism’ Setting In Ahead Of ‘Fed’s Fireworks’ – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD)

Major coins dropped lower on Tuesday evening as the global cryptocurrency market cap fell 2.5% to $921.9 billion at 8:18 pm EDT. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC/USD -3.15% -6.3% $18,935.15 Ethereum ETH/USD -3.5% -15.7% $1,328.70 Dogecoin DOGE/USD 0.2% -2% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % …

Bitcoin, Ethereum Drop, Dogecoin Flat: Analyst Sees ‘Peak Crypto Pessimism’ Setting In Ahead Of ‘Fed’s Fireworks’ – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD) Read More »

Fed's Waller sees 'significant' rate hike this month, backs data-dependent approach

Fed’s Waller sees ‘significant’ rate hike this month, backs data-dependent approach

Federal Reserve Governor Christopher Waller on Friday echoed recent sentiments from his colleagues, saying he expects a big interest rate increase later this month. He also said policymakers should stop trying to guess the future and instead stick to what the data is saying. “Looking ahead to our next meeting, I support another significant increase …

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Feds claw back $30 million of cryptocurrency stolen by North Korean hackers

Feds claw back $30 million of cryptocurrency stolen by North Korean hackers

Getty Images Cryptocurrency analytics firm Chainalysis said on Thursday that it helped the US government seize $30 million worth of digital coins that North Korean-backed hackers stole earlier this year from the developer of the non-fungible token-based game Axie Infinite. When accounting for the more than 50 percent fall in cryptocurrency prices since the theft …

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Fed's QT: Total Assets Drop by $139 Billion from Peak

Fed’s QT: Total Assets Drop by $139 Billion from Peak

It sticks to plan, QT like clockwork: What the Fed did in details and charts, and my super-geek extra-fun dive into the “To Be Announced” market for MBS. By Wolf Richter for WOLF STREET. The Federal Reserve’s quantitative tightening (QT) completed its three-month phase-in period on August 31. During the phase-in of QT, the plan …

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