Auto Added by WPeMatico

The Fed Could Take 10 Years to Get Inflation Under Control, Says Almonty Industries CEO

The CEO of Almonty Industries has warned that it could take the Federal Reserve 10 years to get inflation under control if they do not act now and stop spending…

Continue ReadingThe Fed Could Take 10 Years to Get Inflation Under Control, Says Almonty Industries CEO

Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’

The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing…

Continue ReadingFed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’

Federal Reserve Bank President Pushes for Faster Rate Hikes — Says the Fed Risks Losing Credibility on Inflation Target

The president of the Federal Reserve Bank of St. Louis, James Bullard, has called for more aggressive measures to combat inflation and reduce the size of the Fed’s balance sheet.…

Continue ReadingFederal Reserve Bank President Pushes for Faster Rate Hikes — Says the Fed Risks Losing Credibility on Inflation Target

Bitcoin, Ethereum Technical Analysis: ETH up to 2-Week High Following Fed Rate Hike

Ethereum climbed to a two-week high on Thursday, as markets continued to react to yesterday’s Fed decision. As expected, the Federal Reserve increased interest rates by 0.25%, whilst providing forward…

Continue ReadingBitcoin, Ethereum Technical Analysis: ETH up to 2-Week High Following Fed Rate Hike

Avalanche price can double by summer as AVAX’s 20% weekly rally rekindles ‘bull flag’

But a near-perfect correlation between Avalanche and Bitcoin so far this year could spoil the bullish outlook.

Continue ReadingAvalanche price can double by summer as AVAX’s 20% weekly rally rekindles ‘bull flag’

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

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…

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

Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000, ETH Eyes $3,000 as Fed Meeting Looms

Following days of consolidation, bitcoin rallied above $40,000 on Tuesday, which comes as markets prepare for today’s Fed meeting. ETH also climbed, moving away from its recent support point in…

Continue ReadingBitcoin, Ethereum Technical Analysis: BTC Back Above $40,000, ETH Eyes $3,000 as Fed Meeting Looms