Tag: US Central Bank
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Report: US Central Bank Loses Billions From Rate Hikes, ‘Losses Pile up Into an IOU’
While the U.S. Federal Reserve ramped up the benchmark bank rate with a barrage of rate hikes, U.S. Treasury markets and global bond markets, in general, have seen one of the worst selloffs in over a decade. The Fed’s actions has fueled criticism toward the U.S. central bank as some strategists believe the onslaught of […]Who’s in Charge of What? Breaking Down the Crypto Executive Order
Most reports to be submitted to President Biden are due within six months, but legislation could take years
The post Who’s in Charge of What? Breaking Down the Crypto Executive Order appeared first on Blockworks.
While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine, noting that the “implications for the U.S. economy are highly […] Latest Intelligence
