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Tag: fed

Economist Larry Summers Urges Fed to Consider Half-Point Rate Increase in July

June 3, 2023 wp-bot Bitcoin News

Larry Summers, the American economist and former U.S. Treasury Secretary, believes that should the U.S. Federal Reserve refrain from increasing the benchmark interest rate this

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This bearish technical pattern hints at a double-digit drop in Bitcoin price

May 25, 2023 wp-bot Cointelegraph

Inflation concerns and the U.S. debt standoff cast a long shadow over Bitcoin’s dwindling bullish prospects.

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Fed Survey: US Household Financial Well-Being ‘Declined Markedly’ in 2022

May 24, 2023 wp-bot Bitcoin News

A survey by the U.S. Federal Reserve shows that American household financial well-being “declined markedly” in 2022. The share of adults who said they were

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Hedge Fund Mogul Stanley Druckenmiller Warns of ‘Hard Landing’ for US Economy

May 14, 2023 wp-bot Bitcoin News

Billionaire hedge fund manager Stanley Druckenmiller has a dire prediction for the U.S. economy: a recession is looming, and it’s likely set to hit this

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Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting

May 14, 2023 wp-bot Bitcoin News

Investors believe it is highly likely that the target rate will remain unchanged at the June 14 Federal Open Market Committee (FOMC) meeting, following the

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Ethereum derivatives flirting with bearishness: Mind the $1,820 support

May 10, 2023 wp-bot Cointelegraph

The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.

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