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Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics

Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation MetricsAs each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for a reduction in July. Financial Analysts Question Timing of […]

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Markets Tumble as Fed Rate Cut Expectations Diminish

Markets Tumble as Fed Rate Cut Expectations DiminishAttention is riveted on the Federal Reserve’s assembly set for May 1, with widespread anticipation that the U.S. central banking authority might lower the federal funds rate at this juncture of the year. Currently, market forecasts suggest a rate reduction is very unlikely, and Cleveland Federal Reserve President Loretta Mester has expressed her inability to […]

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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 SteadyThe U.S. Consumer Price Index (CPI), experienced a 3.2% increase over the 12 months ending in February, marginally higher by 0.1% compared to January’s CPI. This development is not being well-received by the financial markets, as the U.S. Federal Reserve might postpone any reductions in the benchmark federal funds rate. Persistent Inflation Pressures Fed, Leaving […]

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Speculation Intensifies Over US Banking Sector’s Fate as Fed’s BTFP Closure Looms

Speculation Intensifies Over US Banking Sector’s Fate as Fed’s BTFP Closure LoomsThis weekend, many are intrigued by the potential outcomes following the cessation of the U.S. Federal Reserve’s Bank Term Funding Program (BTFP), launched amidst the significant banking collapses in March 2023. Some argue that the banking turmoil is far from over, suggesting it has merely been postponed, with institutions like New York Community Bancorp (NYCB) […]

Charles Schwab plans to offer spot crypto trading as US rules evolve under Trump

Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting

Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June MeetingInvestors believe it is highly likely that the target rate will remain unchanged at the June 14 Federal Open Market Committee (FOMC) meeting, following the U.S. Federal Reserve’s decision to increase the federal funds rate by 25 basis points on May 3. As the battle against inflation in the U.S. rages on, the Biden administration […]

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A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking

A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow BankingOver the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08 for every dollar deposited by customers. Although there […]

Charles Schwab plans to offer spot crypto trading as US rules evolve under Trump

First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower

<div>First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower</div>After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from 11 major financial institutions may not address the bank’s liquidity issues. First Republic’s shares […]

Charles Schwab plans to offer spot crypto trading as US rules evolve under Trump

US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse

US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From CollapseAfter the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen lenders announced they will deposit $30 billion into the beleaguered bank’s coffers to shore up liquidity. U.S. […]

Charles Schwab plans to offer spot crypto trading as US rules evolve under Trump

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

USDC Stablecoin Nears Parity With USD After Fed’s Bailout AnnouncementThe stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley Bank (SVB) and New York’s Signature Bank. […]

Charles Schwab plans to offer spot crypto trading as US rules evolve under Trump

US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’

US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said the stock market is in a “death zone” […]

Charles Schwab plans to offer spot crypto trading as US rules evolve under Trump