Economics
Fed Hikes Rate at Fastest Pace in 22 Years, Will Start Shrinking Balance Sheet
The central bank is taking a hawkish stance as inflation is running at its highest level in four decades.
Fed Meeting Decision Looks Baked, But Outlook Is Far From Certain
The Federal Open Market Committee is holding its two-day, closed-door meeting starting today.
Labor Costs Jump by Most in 2 Decades, Adding to Inflationary Surge
This move adds more pressure on the Federal Reserve to hike rates fast.
Market Wrap: Cryptos Mixed as Bitcoin Trades Near $40K
BTC is on track for a 15% decline this month, compared with a 13% loss in ETH.
US Economy Shrinks Unexpectedly, Amplifying Recession Fears
Headline GDP shrank 1.4%, data by the Bureau of Economic Analysis showed Thursday. Analysts were expecting a 1% increase.
Market Wrap: Bitcoin Stabilizes as Bearish Sentiment Pauses
The relief bounce in stocks and cryptos could be short-lived as recession risks linger.
Crypto Market's Direction During a Recession Might Depend on Nasdaq
Analysts say as the broader stock market goes, so goes bitcoin when recession hits.
Market Wrap: Cryptos Slip as Bitcoin Struggles to Hold $40K
BTC declined by as much as 4% over the past 24 hours, compared with a 2% dip in ETH.
Fed's Powell Says 50 Basis Point Hike ‘On the Table’
The Federal Reserve chair spoke on a panel about the global economy presented by the International Monetary Fund.
