![Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady](https://static.news.bitcoin.com/wp-content/uploads/2024/03/infla-768x432.jpg)
The U.S. Federal Reserve is not rolling out a Central Bank Digital Currency (CBDC) anytime soon, according to Fed Chair Jerome Powell. During the Senate Committee on Banking, Housing and Urban Affairs hearing earlier this week, Powell discussed the central bank’s stance on a CBDC as the Biden administration urged continued research and evaluation of […]
The post The U.S. Federal Reserve Is ‘Nowhere Near’ Recommending or Adopting a CBDC, Says Fed Chair Jerome appeared first on The Daily Hodl.
A former IMF official believes the U.S. Federal Reserve has pushed America to the brink of another banking crisis. Desmond Lachman, who was deputy director in the International Monetary Fund’s (IMF) Policy Development and Review Department, says in a new blog post for public policy think tank The American Enterprise Institute (AEI) that Fed Chair […]
The post America on Eve of Banking Crisis, Warns Ex-IMF Official, With Hundreds of Lenders at Risk of Failure appeared first on The Daily Hodl.
A New York bank with $113.9 billion in assets is on the brink after revealing its balance sheet is far worse than investors already knew. New York Community Bank (NYCB) initially triggered fears of a wider banking crisis when Moody’s downgraded its credit rating last month due to “multi-faceted financial, risk-management and governance challenges.” Now, […]
The post New York Bank Facing Potential Collapse After Revealing $2,400,000,000 in Losses, Citing ‘Material Weakness’ in Risk Management appeared first on The Daily Hodl.
The head of research at market intelligence firm FundStrat says the stock market most likely has more room to run to the upside. In a new interview with CNBC Television, FundStrat’s Tom Lee says it’s too early to say the stock market’s in a bubble as there is no consensus yet that it isn’t in […]
The post Fundstrat’s Tom Lee Says Stock Market Not in a Bubble, Predicts Fed Won’t Hesitate To Cut Rates appeared first on The Daily Hodl.
Former Goldman Sachs executive Raoul Pal is detailing what he believes will be two positive catalysts for crypto assets in 2024. In a new interview on the Wealthion YouTube channel, the macro guru and Real Vision CEO tells SkyBridge Capital founder Anthony Scaramucci that upcoming stimulus packages in the US and around the world will […]
The post Impending Elections and Mass Stimulus To Be Very Positive for Crypto, Says Real Vision Founder Raoul Pal appeared first on The Daily Hodl.
Best-selling finance author Robert Kiyosaki is warning of an economic collapse as he makes his top investment picks to survive the financial crisis. The Rich Dad Poor Dad author tells his 2.5 million followers on the social media platform X that he believes the Fed’s tightening will lead to a recession and more banks will […]
The post Rich Dad Poor Dad Author Predicts Banking Collapse and Global Economic Crash, Says He’s Betting on Bitcoin appeared first on The Daily Hodl.
Analysts at top-US-based crypto exchange Coinbase say that fading downside pressures could create healthier market conditions for investors. In a new analysis, Coinbase says that many factors dampening Bitcoin (BTC) and the broader digital assets industry – such as liquidations by bankrupt crypto exchange FTX and the financial troubles of crypto lender Celsius – are […]
The post Fading Downside Pressures on the Crypto Market Could Foster a Better Trading Environment: Coinbase Analysts appeared first on The Daily Hodl.