Category: Uncategorized
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Federal Open Market Committee press conference: Live coverage
Key insight: The Federal Open Market Committee is broadly expected to raise interest rates this week in response to persistently high inflation. Expert quote: “By declining forward guidance, and without a reaction function to stress the conditionality around the decision, equivocating might sound like unwillingness to hike further, undermining the benefits of having hiked and…
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Federal Reserve weighs interest rate hike as inflation and energy costs rise
The Federal Reserve is set to announce a closely watched interest rate decision Wednesday as policymakers confront rising inflation and higher energy costs. 1 hour ago (NBC)- The Federal Reserve is set to announce a closely watched interest rate decision Wednesday as policymakers confront rising inflation and higher energy costs. The Federal Open Market Committee…
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Federal Reserve expected to announce interest rate increase – live
From 24m ago Federal Reserve expected to announce first interest rate increase in three years Good afternoon. The US Federal Reserve is widely expected to raise interest rates for the first time since 2023 amid persistently high inflation. After deciding to hold rates steady at its last meeting in July, the Fed is now anticipated…
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Semiconductor Stocks Just Tumbled. This Tech ETF Soared 6% Instead. Here's Why.
Something surprising happened to tech stocks on Monday. As semiconductor manufacturers sold off, one segment of the artificial intelligence (AI) trade soared instead. Chip stocks fell after two frontier AI CEOs, Dario Amodei of Anthropic and Sam Altman of OpenAI, published weekend warnings about the pace of AI development and its risks. Normally, that kind…
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Federal Reserve expected to raise interest rates for the first time since 2023
Federal Reserve Chair Kevin Warsh speaks during a news conference on July 29, 2026, in Washington, D.C. (Win McNamee/Getty Images) (WASHINGTON) — The Federal Reserve on Wednesday will issue a decision on the level of interest rates as the United States weathers a months-long bout of elevated inflation set off by the Iran war. Global oil prices are…
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BlackRock’s IBIT sees $144M in net outflows as bitcoin ETFs drop
Bitcoin ETFs had a rough Wednesday. Spot bitcoin and ether ETF products collectively shed more than $520 million in a single session. BlackRock’s iShares Bitcoin Trust, known as IBIT, recorded approximately $144 million in net outflows on the day in question. That figure lands alongside the previous session’s $161.7 million redemption from the same fund.…
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US hikes interest rates – to Trump's annoyance
The US central bank has raised interest rates for the first time in more than three years, to try to curb inflation. The Federal Reserve lifted its benchmark rate by a quarter of a percentage point and suggested it could do so again before the end of the year. In a social media post, President…
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Ethereum ETFs Pull Nearly $2B in Six Weeks: What Changed
US spot Ethereum ETFs have had their strongest stretch in a year, drawing roughly $1.75 billion in net inflows during August, according to Crypto Briefing, and then extending the run into September with a fourth consecutive week of positive flows. Some trackers put the August figure closer to $1.85 billion, but whichever dataset is used,…
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What smart people in business and economics are saying about the Fed interest rate hike
Markets and analysts are abuzz over the first Fed interest-rate hike since the second Trump administration. On Wednesday, the Federal Reserve raised rates by a quarter point, its first hike in three years, as officials sought to curb inflation. Kevin Warsh, the Federal Reserve Chair, said that the move would not immediately bring down individual…
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Dow Jones Today LIVE: Index Drops 200 Points As Oil Prices Tops $109, Treasury Yields Hit, Intel Surges 7%, American Express & IBM Fall Ahead of Fed Decision | Check What …
Dow Jones Today Live: Wall Street is moving in different directions on Wednesday, September 16, as investors weigh interest-rate expectations, elevated oil prices and fresh semiconductor developments. The latest figures provided show the Dow Jones Industrial Average at 51,943.05, down 150.06 points or 0.29% meanwhile, the Nasdaq Composite climbed 165.37 points or 0.64%, to 26,146.94,…