Fed

U.S. Senator Introduces ‘No Digital Dollar Act’ to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency

US Senator Introduces ‘Anti-Digital Dollar Act’ to Ban Treasury, Fed From Interfering With Americans Using Paper Money

A US senator has introduced the “No Digital Dollar Act to prohibit the US Treasury and Federal Reserve from interfering with Americans using paper money” if a central bank digital currency is adopted. The bill further states, “No central bank digital currency shall be deemed legal tender under Section 16 5103 of Title 31, United …

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'The Fed is breaking things' - Here's what worries Wall Street as risks rise around the world

‘The Fed is breaking things’ – Here’s what worries Wall Street as risks rise around the world

U.S. Federal Reserve Chairman Jerome Powell at a Fed Listens event in Washington, DC, U.S., Friday, September 23, 2022. Al-Draco | Bloomberg | Getty Images As the Federal Reserve steps up its efforts to tame inflation, sending the dollar soaring and bonds and stocks plummeting, there are growing concerns that the central bank’s campaign could …

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'The Fed is breaking things' - Here's what worries Wall Street as risks rise around the world

‘The Fed is breaking things’ – Here’s what worries Wall Street as risks rise around the world

U.S. Federal Reserve Chairman Jerome Powell at a Fed Listens event in Washington, DC, U.S., Friday, September 23, 2022. Al-Draco | Bloomberg | Getty Images As the Federal Reserve steps up its efforts to tame inflation, sending the dollar soaring and bonds and stocks plummeting, there are growing concerns that the central bank’s campaign could …

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Stocks Continue To Fall On Trade Worries

Nasdaq, S&P and Dow plunge as lingering Fed concerns trigger further selling on Wall Street

Eduardo Munoz Alvarez/Getty Images Despite a partial rebound in the latter stages of trading, major US stock averages ended considerably lower on Thursday. A risk rally that lifted stocks the day before hit a stumbling block as another under-forecast The rise in weekly jobless claims has raised concerns about the Fed’s continued aggressiveness as the …

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The Fed will take rates higher than expected;  more pain to come - Reuters poll

The Fed will take rates higher than expected; more pain to come – Reuters poll

By Indradip Ghosh BENGALURU (Reuters) – The Federal Reserve will raise its key interest rate to a much higher high than expected two weeks ago and risks are skewed towards an even higher terminal rate, according to economists polled by Reuters. The change in expectations came after the Fed raised rates by 75 basis points …

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Why are real estate prices so high?  Blame remote work, not the 'speculative bubble', Fed study finds

Why are real estate prices so high? Blame remote work, not the ‘speculative bubble’, Fed study finds

The sudden shift to remote working amid COVID-19 has driven more than half of overall US house price growth during the pandemic — and as it becomes more integrated into our daily lives, it is likely that it will also continue to drive up house prices than inflation. That’s according to new research released Monday …

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Fed officials eye markets down, say inflation is priority

Fed officials eye markets down, say inflation is priority

Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 26 (Reuters) – U.S. Federal Reserve officials on Monday put an end to rising volatility in global markets, from falling U.S. stocks to currency turmoil overseas, and said their priority remained control. domestic inflation. “There are interactions there,” said Cleveland Fed President Loretta Mester, …

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Fed official warns UK tax cuts increase risk of global recession

Fed official warns UK tax cuts increase risk of global recession

The British government’s new budget plan has heightened economic uncertainty and increased the chances of a global recession, a senior US central bank official warned after the pound rose to a record high. Speaking as the pound plummeted as traders digested Britain’s Chancellor Kwasi Kwarteng’s £45 billion tax cut package, Raphael Bostic, chairman of the …

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