Here’s everything the Federal Reserve is expected to do Wednesday
Jerome Powell, chairman of the US Federal Reserve. Bloomberg | Bloomberg | Getty Images (Follow our live coverage of the Fed rate decision today.) Update: The Federal...
Fed rate hike decision March 2023:
WASHINGTON — The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that...
Gold price could hit high amid SVB, Credit Suisse, bank problems
Investors have been flocking to gold and Treasurys as bank stocks have been whacked by the shuttering of Silicon Valley Bank and Credit Suisse’s implosion....
World Heading For ‘Great Reset’, Says S&P Report
Rising rates and slowing economies pose a crisis risk. This is given high global leverage built up over years of loose monetary setting, it says....
Fed Will Stabilize US Financial Economy, Assures Treasury Secretary By CoinEdition
[ad_1] Fed Will Stabilize US Financial Economy, Assures Treasury Secretary Janet Yellen confirmed that the Fed would stabilize the US financial system. The US Treasury...
Why the US dollar has become an at-risk currency
Everywhere you turn there’s chatter about the ongoing US economic sanctions against Russia. The Russian Central Bank, Russian banks, Russian companies, Russian oligarchs — and...
Swiss Bankers Association proposes deposit tokens to develop digital economy By Cointelegraph
[ad_1] The Swiss Bankers Association released a white paper on how Swiss banks can support the development of the country’s digital economy. A Swiss franc...
Economist Predicted 9% Inflation, Now Has This Dire Warning for What’s Coming: Steve Hanke
Steve Hanke, professor of applied economics at Johns Hopkins University, called for inflation to peak at 9% in the U.S. in 2022. He was right....
Something broke, but the Fed’s still expected to push rates higher
Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled The Semiannual Monetary Policy Report to the Congress,...
Biden budget would cause national debt to hit nearly $51T by 2033
The US national debt will balloon by nearly $20 trillion over the next decade under the spending outlined in President Biden’s $6.9 trillion budget proposal...