Stories tagged “Fed.”
30 stories
US president announces committee to investigate Fed governor Lisa Cook over allegations of mortgage fraud, despite June supreme court ruling her firing was unconstitutional.
Fed Chairman Kevin Warsh's use of the phrase 'a dose of accommodation' has raised speculation about how far the Fed will go with rate hikes.
Odds of a September rate hike by the Federal Reserve have declined following Kevin Warsh's speech at the Jackson Hole symposium, with traders now seeing a 56% chance of a quarter-point hike.
The Treasury's announcement to double its long-bond buyback has injected a new dynamic into the market, suppressing yields and weakening the dollar. The 10-year yield remains elevated above 4.70% due to persistent deficits and strong demand.
Walmart (WMT) faces scrutiny as it reports earnings Thursday, with concerns over U.S. comparable sales potentially missing expectations. Oppenheimer downgraded WMT to Perform, citing anticipated comps of 3% versus the Street's 3.8%, and moderating growth in General Mercha…
Bitcoin (BTC) price's July gain survives hawkish Fed, AI meltdown and Coldcard fallout. Analysts say bitcoin has held up better than equities because much of the leveraged positioning was flushed out in late June, limiting forced selling during the latest bout of volatility.
Bonds are back in focus as ETF investors shift their attention to the front of the yield curve, according to Allspring Global Investments' Noah Wise. He recommends focusing on short-term Treasurys over long duration due to the monetary policy backdrop.
Fed officials who voted against holding interest rates steady say action is needed now to stave off inflation. They argue that high inflation persists and that the Fed needs to be proactive to bring it back down.
Asian stocks struggled for direction in choppy trading on Thursday after a week of market turbulence sparked by artificial intelligence jitters, as a divided Federal Reserve stood pat on rates and left bond markets uncertain about the next move.
Asia FX subdued as dollar steadies after Fed hold; BOE, BOJ loom
Asian currencies traded in tight ranges on Thursday after the U.S. Federal Reserve left policy unchanged, while Chair Kevin Warsh reiterated that inflation must return to target, reinforcing expectations of higher for longer rates.
DoubleLine Capital CEO Jeffrey Gundlach said the Treasury market is signaling that the Federal Reserve will need to do more than talk tough if policymakers are serious about reaching their 2% inflation target. Gundlach stated that raising interest rates is necessary to ac…
The Federal Reserve decided to keep interest rates unchanged at 3.5-3.75%, and Bitcoin barely budged in response, trading higher by only 1%.
The US Federal Reserve held interest rates steady on Wednesday, a decision that may intensify questions about how central bank chief Kevin Warsh will deliver on his commitment to bring inflation back down to the 2 per cent target.
Bitcoin rose 0.75% to $64,328 after a volatile two days, with the market in a holding pattern ahead of a Fed rate decision that could be the first increase in three years.
Dollar may weaken if Fed holds rates steady, ING says
The dollar may weaken if the Federal Reserve keeps interest rates unchanged, according to ING. The Bloomberg dollar gauge traded down less than 0.1% on Wednesday, marking a fourth session of minimal movement despite recent volatility in oil prices.
Bitcoin traded above $64,000 on Wednesday, up 1% on the day, with the broader market green ahead of the Federal Reserve’s rate decision at 2 p.m. ET, per CoinDesk data.
Bitcoin has held steady above $63,000 and is up about 6% for the month even as AI-linked tech and semiconductor stocks have slumped. Traders are split ahead of Wednesday’s Federal Reserve decision, with markets pricing roughly a 30 percent chance of a rate hike.
XRP is trading at $1.06, off nearly 8% over the past week, as the U.S. Senate shelved the Clarity Act and global markets braced for the Fed's July 29 rate decision.
Sterling today: Pound slips as dollar bid builds into Fed decision
The pound slipped against the dollar on Tuesday as investors positioned for a hawkish Federal Reserve meeting on Wednesday, with markets now pricing nearly a 40% chance of a rate hike. The dollar stayed broadly bid, with the DXY index near 101.50.
Bitcoin has stayed resilient around $65,000 even as AI-linked tech stocks slumped, but this week’s Federal Reserve decision and key economic data could determine its next big move.
Grayscale's head of research, Zach Pandl, argues in a note that Bitcoin's bear market may already be over, conditional on the Federal Reserve not raising rates. The firm rejects the traditional four-year cycle framework and views Bitcoin as a macroeconomic asset.
Traders have bought $2.5 billion in notional bitcoin call spreads on Deribit, targeting $72,000 by July 31. The timing aligns with the Fed’s July 29 interest rate decision, with markets currently favoring a hold.
Bitcoin price fell below $63,000 as U.S. strikes on Iran and renewed U.S.-China tensions sparked a broader risk-off sell-off, though analysts say resilient onchain data and renewed ETF inflows suggest buyers are quickly stepping back into the market.
Sterling today: Pound slips against strong dollar as Fed tightening bets hold firm
Sterling traded lower on Friday while the euro also dipped, as hawkish Federal Reserve commentary anchored the dollar and short-term implied volatility touched its lowest level since 2021.
Bitcoin cleared $65K and Ethereum surged nearly 6% this week on softer inflation data. Thursday's pullback is orderly—most top 50 coins are off less than 3%, with Ondo the sole standout at +14%. XRP is trading at $1.10, down 0.54%, with an overall indicator score of -42% …
Yields hover near multi-month highs as Iran escalation locks in Fed hike fears
U.S. Treasury yields and euro zone government bond yields held high on Wednesday as an aggressive escalation in the Middle East reignited inflation anxieties, completely overshadowing cooling inflation data.
Major cryptocurrencies have dropped by 2% or more in 24 hours as traders boosted bets of a July Fed rate hike. Investors are focused on Tuesday’s consumer-price index report and Fed Chair Kevin Warsh’s congressional testimony.
Gold prices opened lower and are moving lower still following several exchanges of airstrikes between the U.S. and Iran over the weekend. Geopolitical events continue to be the most influential driver of precious metal prices.
Yield drives currency markets in 2026, Deutsche Bank says
Deutsche Bank's George Saravelos states that yield has been the dominant force in FX markets this year, with risk-adjusted carry being the most important factor behind 2026 currency movements.
Fed Sees Oil Prices Cooling Despite Renewed Iran War
The US Federal Reserve believes that oil prices will cool down despite the renewed Iran war. The Fed's assessment is based on the current market conditions and the impact of the war on the global economy.