Interest Rate Hike – DIGIT INFO

Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week

DIGIT — Mon, 13 Mar 2023 10:21:00 +0000

Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again in the wake of Silicon Valley Bank failing and Signature Bank being closed.

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Bitcoin awaits Fed Powell speech as sellers cement $23.5K resistance

DIGIT — Wed, 01 Feb 2023 15:40:18 +0000

Bitcoin trades sideways at the Wall Street open as all eyes are on the Fed and Chair Jerome Powell.

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US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table

DIGIT — Wed, 04 May 2022 20:30:22 +0000

The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inflation is much too high,” the central bank’s chair Jerome Powell said after the Fed raised rates by 0.5%. FOMC Decides to Hike Rate by 3/4 to 1% — Increase Was the largest […]

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Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate Hike

DIGIT — Tue, 19 Apr 2022 16:00:16 +0000

The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes the Fed could raise rates to 3.5% by the fourth quarter of 2022 to combat the red hot inflation plaguing the U.S […]

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Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases

DIGIT — Wed, 16 Mar 2022 19:45:57 +0000

On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank rate by a quarter percentage and further noted the Fed anticipates […]

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