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3232The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise
https://www.digit.info/the-fed-codifies-fourth-consecutive-75bps-rate-hike-stocks-bitcoin-and-metals-rise/
Wed, 02 Nov 2022 19:00:54 +0000https://www.digit.info/2022/11/02/the-fed-codifies-fourth-consecutive-75bps-rate-hike-stocks-bitcoin-and-metals-rise/Read more]]>The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growth in spending and production.” U.S. […]
]]>With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions
https://www.digit.info/with-an-aggressive-fed-rate-hike-expected-next-week-stocks-and-crypto-markets-lose-billions/
Sun, 01 May 2022 04:30:56 +0000https://www.digit.info/2022/05/01/with-an-aggressive-fed-rate-hike-expected-next-week-stocks-and-crypto-markets-lose-billions/Read more]]>Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw significant losses at the end of the week, and the Nasdaq composite saw its worst four-month starting performance since 1971. Crypto markets have had a […]