Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis

Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking CrisisOn Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision of liquidity via the standing U.S. dollar […]

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Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102

This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” While the global economy seems to be heading toward disaster and the U.S. dollar’s strength is being examined, many have […]

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Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement

Global Markets, Bitcoin Defy Expectations After Fed's Hawkish Taper Plan AnnouncementGlobal markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset purchases) and end the program by March 2022. Moreover, the FOMC […]

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Fed Chair Says US Inflation ‘More Enduring Than Anticipated’ — Strategist Predicts 10% Market Correction

Fed Chair Says US Inflation 'More Enduring Than Anticipated' — Strategist Predicts 10% Market CorrectionAmericans are not only worried about future inflation, but they are also dealing with dwindling purchasing power in real-time. Meanwhile, on Thursday, Federal Reserve chairman Jerome Powell plans to address the Senate Banking Committee and discuss inflation. In the remarks pre-published from Powell’s speech, the Fed chair noted that the recent inflation spike may last […]

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Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’

Deutsche Bank Warns Ignoring Rising US Inflation Akin to 'Sitting on a Time Bomb'Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation.” The bank’s chief economist David Folkerts-Landau and others notably highlight the Federal Reserve’s monetary easing policy and recent tolerance toward higher inflation. Deutsche Report: ‘Transitory Inflation Could Feed Into ’70s Style Stagflation’ The price of […]

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QE Begins to Slow — Federal Reserve Reveals Winding Down of Corporate Bond Purchases

QE Begins to Slow — Federal Reserve Reveals Winding Down Corporate Bond PurchasesOn Wednesday, the U.S. Federal Reserve announced it would be winding down its corporate bond purchases and selling part of its portfolio. The central bank plans to start with exchange-traded funds and then move on to bonds as the Fed insists “sales will be gradual and orderly.” Federal Reserve Starts to Unwind QE All eyes […]

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US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QE

US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QEAmerica’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the currency could drop even lower. US Dollar ‘Is a Bit […]

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Data Shows the US Economy Was Collapsing 5 Months Before the Coronavirus Outbreak

Data Shows the US Economy Was Collapsing 5 Months Before the Coronavirus OutbreakDuring the last two months, the global economy has shuddered and a great number of people still attribute the financial meltdown to the Covid-19 outbreak. However, during the last two weeks, the blame has shifted, as many citizens are now blaming the government lockdowns, overly-predictive models, and industry shutdowns. Moreover, a recently published report notes […]

The post Data Shows the US Economy Was Collapsing 5 Months Before the Coronavirus Outbreak appeared first on Bitcoin News.

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Stimulus, QE, Rate Cuts: Coronavirus Fuels Central Banks’ Monetary Easing Policy

Stimulus, QE, Rate Cuts - Coronavirus Fuels Central Banks' Monetary Easing PolicyThe world has been focused on the coronavirus outbreak that’s claimed 105,612 cases and 3,562 deaths to date. The pandemic has caused government leaders to react and central banks are breaking out tools from their arsenal of monetary easing schemes. The world’s central banks say the public health emergency and international concern over the global […]

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