us federal reserve Archives

IMF Chief Assures Robust Lending despite Economic Uncertainty

IMF director Kristalina Georgieva highlighted the stability of lending while urging the US Federal Reserve to consider further actions in response to an uncertain economic climate.

Goldman Sachs Expects AI Tech to Boost S&P 500 Profits by 30% Over Next Decade

Artificial Intelligence, Business News, Indices, Market News, News

By Bhushan Akolkar May 18, 2023

The investor community is brewing with optimism as it expects AI to drive profit growth at a time of rising borrowing costs and supply chain problems

Fed Vice Chair Michael Barr: Crypto Regulation Should Resemble Traditional Bank Rules

Blockchain News, Cryptocurrency News, Market News, News

By Darya Rudz Sep 8, 2022

In his speech, Barr also highlighted the need to prioritize establishing stablecoins oversight in the US. Notably, he referred to these assets as “unregulated private money.”

Business News, Indices, Market News, News

Dow Jones and S&P 500 Jump as Fed Announces New Inflation Policy

By Darya Rudz Aug 28, 2020

With the new approach to inflation, the Fed aims to support the labor market and broader economy by keeping interest rates lower for a longer period of time.

Bonds, Commodities & Futures, Market News, News

Fed Expects Near-Zero Interest Rates through 2022 and Will Keep Buying Assets

By Darya Rudz Jun 11, 2020

According to the Federal Reserve, the U.S. economy faces “considerable risks” over the medium term. The Fed promised to maintain a near-zero level of interest rates and keep buying bonds.

Business News, Market News, News, Wall Street

COVID-19 Recession Is Over, Says Moody’s Analytics as ADP Data Show Start of Recovery

By Darya Rudz Jun 4, 2020

In April, the U.S. unemployment rate grew to 14.7%, the worst since the Great Depression. In May, the unemployment rate growth was not as high as analysts predicted, and it seems the worst is probably behind.

Bitcoin News, Commodities & Futures, Cryptocurrency News, Market News, News

Bitcoin (BTC) Price Stuck Below $7,000 as Gold Hits 7-Year High

By Christopher Hamman Apr 14, 2020

Bitcoin (BTC) price seems to have stuck below $7,000 while gold is having a field day thanks to a seven-year all-time high. Will gold outperform Bitcoin at this time?

Market News, News

New York Needs Fed Stimulus Package More Than Others as It Has Over 160K Coronavirus Cases

By Tolu Ajiboye Apr 10, 2020

With more than 160,000 confirmed cases, the New York coronavirus infection volume is now the world’s largest. New York now has more confirmed cases than any country in the world.

Market News, News

Coronavirus: Eurozone Leaders Fail to Reach Agreement on Economic Rescue Plan

By Tolu Ajiboye Apr 8, 2020

It is impossible to find an economy in Europe that is not affected by the coronavirus crisis. However, ministers in the Eurozone region have not reached an agreement on coronavirus efforts even after deliberating for hours on end.

Bonds, Commodities & Futures, Currencies, Market News, News

How Federal Reserve Prints Dollars and Throws Dust in Eyes of American Taxpayers

By Darya Rudz Apr 5, 2020

The article provides an explanation of how the U.S. Federal Reserve devalues dollars by printing them in huge amounts and saves corporations for the money of taxpayers.

Cryptocurrency News, FinTech News, News

Revolut Opens Cryptocurrency Services to All Standard Users Earlier Than Planned Due to Crisis

By Christopher Hamman Apr 4, 2020

Revolut’s cryptocurrency Services are coming earlier than planned due to the fallout in the global economy as more countries undertake quantitative easing.

Bitcoin News, Blockchain News, Cryptocurrency News, Market News, News

Uncertainty around Brexit and U.S.-China Trade War Makes Bitcoin an Attractive Bet

By Bhushan Akolkar Nov 21, 2019

Bloomberg panelists agreed to one point that Bitcoin is the head-turner during the times of global uncertainty or events like recission.