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Crypto, Stocks, PMs Sink Lower — All Eyes on the Fed’s Next Rate Hike as Ethereum’s Merge Hype Wavers

Crypto, Stocks, PMs Sink Lower — All Eyes on the Fed’s Next Rate Hike as Ethereum’s Merge Hype WaversThe crypto economy has slipped under the $1 trillion range once again after briefly rising to a high of $1.16 trillion on September 14. Signs show that Ethereum’s Merge hype has seemingly left the building and market participants are now waiting for the upcoming Federal Reserve meeting next week. Presently, the crypto economy is down […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994

US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by 75 bps, Global Markets See Slight Rebound […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table

US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the TableThe U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inflation is much too high,” the central bank’s chair Jerome Powell said after the Fed raised rates by 0.5%. FOMC Decides to Hike Rate by 3/4 to 1% — Increase Was the largest […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate Hike

Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate HikeThe 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes the Fed could raise rates to 3.5% by the fourth quarter of 2022 to combat the red hot inflation plaguing the U.S […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

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

Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More IncreasesOn 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 ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank rate by a quarter percentage and further noted the Fed anticipates […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows

Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout SlowsGlobal markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current monetary easing policy and raising the benchmark interest rate. Economists and market analysts fear the hawkish Federal Reserve will tighten markets too fast after the […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement

Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan AnnouncementGlobal markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset purchases) and end the program by March 2022. Moreover, the FOMC […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Easy-Money Policy Continues: Fed Plans to Keep Purchasing Assets, Interest Rates to Stay Near Zero

Easy-Money Policy Continues: Fed Plans to Keep Purchasing Assets, Interest Rates to Stay Near ZeroMembers of the U.S. Federal Reserve discussed the possibility of economic measures and actions at the Federal Open Market Committee’s (FOMC) meeting on Wednesday. The Fed said that right now the central bank is not considering cutting back large asset purchases just yet, and the central bank also plans to keep interest rates at near-zero. […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Fed Faces Double Inflation as Supply Chain Falters, Economists Question Spending, Biden ‘Not Worried’

Fed Faces Double Inflation as Supply Chain Falters, Economists Question Spending, Biden ‘Not Worried’Reports show a vast majority of the American populace has been worried about rising inflation and as the weeks roll by, the financial situation continues to look grim. US Senator: ‘There’s No Justification for the Fed to Maintain Its Purchases’ A few analysts believe the upcoming two-day meeting held by the U.S. central bank’s Federal […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Fed Expects 2 Rate Hikes in 2023, Stock Market Plunges, Powell Anticipates Higher Inflation

Fed Expects 2 Rate Hikes in 2023, Stock Market Plunges, Powell Anticipates Higher InflationThe Federal Reserve on Wednesday told the public that it has forwarded the time frame for raising interest rates. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,” the Federal Open Market Committee (FOMC) said in a statement. The […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen