Tag: Hikes

Fed Hikes Rates by Only 50 Basis Points, but Remains Hawkish

Key Takeaways The U.S. central bank announced today that it was increasing the federal interest rates by 50 basis points. The decision brings rates to...

Fed Rate Hikes May Have Peaked, Says Key Official

The US Federal Reserve’s (Fed) interest rate hikes might have reached their peak, says Philadelphia Federal Reserve President Patrick Harker. As a voting member...

Fed Won’t Rule Out Future Interest Rate Hikes

Federal Reserve (Fed) chair Jerome Powell confirmed the bank will continue fighting inflation by increasing the US interest rate. Powell was speaking at...

Federal Reserve Hikes Interest Rates Again, Crypto Market Mixed

The U.S. Federal Reserve has once again raised interest rates in an effort to curb inflation. The crypto market had a mixed reaction...

Fed Could Pause Rate Hikes amid 0.1% Increase in US CPI

The U.S. Consumer Price Index (CPI) for March 2023 rose 5% annually and 0.1% month-on-month, improving market sentiment that the Federal Reserve (Fed)...

Crypto Liquidations Surpass $250M as Fed Hikes Interest Rates

Crypto traders had a whirlwind day after nearly 68,000 positions got liquidated in the past 24 hours. Total crypto liquidations surpassed the $257...

Shrinking Interest Rate Hikes Expected From Fed, ECB, BoE

Analysts expect the Federal Reserve (Fed) and other central banks to continue decelerating their interest rate hikes at upcoming policy meetings this week. The...

Fed Hikes Rates by Only 50 Basis Points

Key Takeaways The U.S. central bank announced today that it was increasing the federal interest rates by 50 basis points. The decision brings rates to...

Bitcoin Price Climbs As Fed Meeting Suggests Slowing Down Interest Hikes

Bitcoin and its fellow crypto assets made a little recovery today that helped the market capitalization of the entire crypto market increase by...

Rise in Unemployment May Cause Pace of Interest Hikes to Slow

Employment in the United States rose by 261,000 in Oct, according to the latest data from the U.S. Bureau of Labor Statistics.  This figure...

Bitcoin Miners Still Liquidating BTC and Rigs as Energy Price Hikes Diminish Profits

Bitcoin miners are having a tough time this year as an energy price crisis is eating into their profits while hashrate and difficulty...

Crypto Markets React as Federal Reserve Hints at Interest Rate Hikes

Federal Reserve chairman Jerome Powell has spoken and crypto markets have reacted. The U.S. central bank has started to make moves to maintain...