Bitcoin holds ~$80K as strong PPI data pushes Fed rate cut hopes lower
The latest market reaction follows April’s Producer Price Index (PPI), which rose 1.4%, significantly above economist forecasts of around 0.5%.…
Tag: Fed
Tokenized Treasuries hit $15 billion as BTC price stalls, Fed rate-hike concerns build: Crypto Daily
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. While bitcoin BTC$80,949.32 remains pinned…
The stock market doesn’t need Fed cuts, says Morgan Stanley as it rachets S&P 500 view higher
It’s the season for new stock-market price targets, and Morgan Stanley joined the upper echelon of Wall Street targets for…
Japanese Funds Dump Most US Debt Since 2022 as Fed Wagers Flip
Japanese investors sold the most US sovereign bonds in almost four years as a jump in oil prices led to…
BofA drops blunt warning about Fed rate cuts
BofA Global Research is the latest brokerage to revise its Federal Reserve rate-cut forecast to much later dates, citing elevated…
Senate confirms Kevin Warsh to Fed board ahead of expected Chair vote
The Senate confirmed Kevin Warsh to the Federal Reserve Board of Governors on Tuesday, moving President Donald Trump’s pick one…
Senate confirms Kevin Warsh as Fed governor, clears way for chair vote
Kevin Warsh took another step towards becoming Federal Reserve chair on Tuesday, clearing a key Senate vote that puts him…
New York Fed finds ongoing student loan woes in first quarter
By Michael S. Derby NEW YORK, May 12 (Reuters) – Ongoing U.S. student loan troubles do not appear to be…
Powell’s legacy as Fed chair is fighting inflation and Trump. He may lose the battle against both.
Jerome Powell will be remembered for how the struggles against inflation and to preserve Federal Reserve independence ultimately end. www.marketwatch.com…
Jerome Powell Exits With Legacy as the Fed Chair Who Fought Back
Jerome Powell’s reputation as a champion for central bank independence was secured when he publicly challenged Trump’s Justice Department probe.…