Fed signals three rate hikes in 2022 amid inflation risks
Following the December 14-15 meeting, the Fed pushed back the end of its asset purchases taper from June to March. The updated forecasts anticipate three rate hikes over the next two years.The Federal Reserve System is the central banking system of the United States.
Fed signals three rate hikes in 2022 amid inflation risks
Following the December 14-15 meeting, the Fed pushed back the end of its asset purchases taper from June to March. The updated forecasts anticipate three rate hikes over the next two years.
Fed decision could spark Bitcoin rally
Based on the outcome of the Fed meeting on December 15, Bitcoin could end its correction and rise on the Buy the rumor, sell the news rule. Such a scenario is suggested by Bitfinex's order book analysis.
Fed chair signals faster tapering of stimulus
The Fed will discuss speeding up the pace of its bond-buying taper at the December 14–15 meeting, Powell said, CNBC reports.
Mike Novogratz warns that Powell’s renomination could pose a risk to Bitcoin
After President Joe Biden proposed to keep Jerome Powell as chair of the Federal Reserve for a second term, the number of bears in the cryptocurrency market began to rise. Galaxy Digital founder Mike Novogratz said this on CNBC.
Huobi analysts deem PlanB’s Stock-to-Flow model flawed.
The popular Stock-to-Flow (S2F) model may be flawed—the Bitcoin price in the remaining days of November is unlikely to reach the projected $98,000. Huobi analysts say its author PlanB did not account for normalization of monetary policy by the Fed.
US banking regulators to prepare cryptocurrency guidance in 2022
The Federal Reserve, the FDIC and the OCC, as part of the U.S. Treasury Department, defined a number of areas related to digital asset regulation that require further clarification. The interagency sprint that began in May will continue into 2022.
Biden plans to renominate Jerome Powell for a second term as Fed chair
U.S. President Joe Biden announced his intention to renominate Jerome Powell for a second term as chair of the Federal Reserve. The White House said so on its website.
Fed announces tapering of emergency stimulus programme
The US Federal Reserve (the Fed) will begin winding down its asset purchases and cut the pace of purchases of government bonds by $10 billion and mortgage-backed securities by $5 billion.
The Fed sees cryptocurrencies as a threat to global dollar dominance
U.S. Federal Reserve officials framed digital currencies as one of the potential threats to the dollar's global dominance in the world financial system.
Jerome Powell: The Fed has no plan to ban cryptocurrencies
The Federal Reserve does not plan to ban cryptocurrencies, but some digital assets must be brought under regulatory oversight. This was stated by Fed Chair Jerome Powell during testimony before the U.S. House of Representatives' Committee on Financial Services.
Evergrande pays up on September 22, but authorities warn of a potential ‘storm’
The on-balance-sheet debt of Evergrande Group, which is on the brink of collapse and is estimated at about 2% of China’s GDP, paid interest on bonds to local investors. Beijing has urged local authorities to prepare for a potential 'storm', according to the Wall Street Journal.
Fed officials flag a modest rate-hike path as cryptocurrencies reclaim Tuesday’s highs
The median forecast for the federal funds rate at the end of 2023 was 1%, and for 2024 1.8%; votes for and against the first rate hike in 2022 were evenly split. These data are contained in the Fed's updated projections from the Federal Open Market Committee.We use cookies to improve the quality of our service.
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