Fed’s Cook says she’d support rate hike if disinflation stalls
Federal Reserve Governor Lisa Cook said she is prepared to support higher interest rates if US inflation fails to come down, a change that can...
Tag : Feds
Feds Say an NFT Founder Raised $10 Million Only to Blow It All on Gambling, Trading, and a DJ Hobby
In brief DOJ charged Few and Far founder Taj Tarsha with securities fraud and wire fraud. Prosecutors allege he raised more than $10 million through...
Ripple Just Got Full MiCA Authorization in Europe But Fed’s Hawkish Tone Is Keeping XRP Capped at $1.10
In the latest XRP News, XRP price is trading at $1.07, down 0.57% in the last 24 hours, as the asset continues to wrestle with...
Feds Arrest Florida Man Over Video Game Malware That Stole $220K in Crypto
In brief Federal agents arrested 21-year-old Zyaire Wilkins of North Lauderdale, Florida, accusing him of helping run a scheme that hid crypto-stealing malware inside online...
June CPI Beat Sparks Bitcoin Surge, but the Fed’s September Hike Looms
June CPI fell a seasonally adjusted 0.4% month-over-month, the steepest monthly drop since April 2020, pulling the annual inflation rate to 3.5% against a Dow...
AI boom fuels inflation fears, complicating Fed’s next rate move
Federal Reserve officials were split last month on whether to increase interest rates or keep them steady, with many seeing accelerating demand for artificial intelligence...
Fed’s Daly says price stability must not ‘harm the economy’
Mary Daly says the Fed cannot restore price stability by “harming the economy,” underscoring a cautious stance on rates as inflation lingers above target. Summary...
Dudley says the Fed’s ‘inflation fighter’ reputation is on the line
Former New York Fed chief Bill Dudley has warned that the Federal Reserve risks losing its credibility as an inflation fighter after more than five...
Fed’s Waller warns inflation may force new hikes, rattling risk assets
Federal Reserve Governor Christopher Waller warned that stubborn inflation and surging energy costs now outweigh labor market risks, signaling that rate hikes are “back on...
Fed’s Collins pushes back on cut talk, wants “either way” guidance
Boston Fed President Susan Collins backed holding rates steady and urged the Fed to strip out language that implicitly points to cuts as the next...