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3232Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
https://www.digit.info/federal-reserve-hikes-rate-by-50bps-fomc-signals-rate-to-rise-to-5-1-next-year/
Wed, 14 Dec 2022 21:00:53 +0000https://www.digit.info/2022/12/14/federal-reserve-hikes-rate-by-50bps-fomc-signals-rate-to-rise-to-5-1-next-year/Read more]]>The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s rate hike follows the recent U.S. inflation report which indicated […]
]]>Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December
https://www.digit.info/observers-suspect-an-aggressive-fed-rate-hike-next-month-analyst-predicts-fed-will-pivot-in-december/
Fri, 21 Oct 2022 16:30:16 +0000https://www.digit.info/2022/10/21/observers-suspect-an-aggressive-fed-rate-hike-next-month-analyst-predicts-fed-will-pivot-in-december/Read more]]>According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s a near-certain (98%) chance the central bank will choose a […]
]]>Fed Bans Senior Officials From Cryptocurrency Investing
https://www.digit.info/fed-bans-senior-officials-from-cryptocurrency-investing/
Sat, 19 Feb 2022 22:30:27 +0000https://www.digit.info/2022/02/19/fed-bans-senior-officials-from-cryptocurrency-investing/Read more]]>The Federal Reserve has banned its senior officials from investing in cryptocurrency. “Officials covered by the new rules will have 12 months from the effective date of the rules to dispose of all impermissible holdings,” said the Federal Open Market Committee. Senior Federal Reserve Officials Prohibited From Investing in Cryptocurrency The Federal Open Market Committee […]