County Jerome Financial News
29.07 / 11:40
markets
Federal Reserve
Bitcoin
Bears
Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry
Bitcoin's (BTC) price has been stuck in a descending channel since July 20 and it is currently heading toward the $20,000 support by the end of July. Adding to this bearish price action, BTC is down 50% year-to-date, while U.S. listed tech stocks, as measured by the Nasdaq-100 index, accumulated a 24% loss.
29.07 / 11:38
markets
NASDAQ
economy
Bitcoin
3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’
Bitcoin (BTC) price rallied toward $24,200 on July 28 after a near-10.5% surge that began a day earlier.
28.07 / 19:03
markets
Ethereum
inflation
Bitcoin
Bitcoin price battles $23K as data says US in 'technical recession'
Bitcoin (BTC) regained more lost ground on the July 28 Wall Street open amid confusion over whether the United States had entered a new recession.
28.07 / 14:25
Target
Transcript: Fed Chief Powell’s Postmeeting Press Conference
Federal Reserve Chairman Jerome Powell discussed why the central bank increased interest rates by three quarters of a percentage point for the second time in as many monetary policy meetings, during a press conference after the Fed’s meeting Wednesday. With inflation well above the central bank’s 2% target, Mr. Powell signaled further increases in the target range for the federal-funds rate, adding that another unusually large increase could be appropriate at the Fed’s next meeting. He also noted that while the U.S. economy is slowing, he does not believe it is in a recession.
28.07 / 14:15
markets
Federal Reserve
inflation
Bitcoin
Bitcoin ‘bear market rally continues’ after BTC price jumps to $23.4K
Bitcoin (BTC) consolidated higher into July 28 after United States monetary policy changes fueled optimism in risk assets.
28.07 / 00:23
DOW
Fighting
NOT
Fed Chair Jerome Powell said he does not think the U.S. is currently in a recession
Federal Reserve Chairman Jerome Powell said Wednesday he does not believe the U.S. economy is in a recession as the central bank raised rates further to fight inflation.
27.07 / 22:15
markets
Federal Reserve
inflation
Bitcoin
Bitcoin spikes above $22.2K as Fed votes for 75-basis-point rate hike
Bitcoin (BTC) charged above $22,000 on July 27 after the United States Federal Reserve enacted another major interest rate hike.
27.07 / 21:25
Here's what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on June 15.
27.07 / 15:25
Maxim
Remark
Reserve
Top Federal Reserve officials say they misread inflation and now plan to correct the course
Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy.
26.07 / 12:33
After Fed Raises Interest Rates Wednesday, Investors to Look for Clues About What’s Next
After the Federal Reserve lifts its benchmark interest rate on Wednesday, attention will turn to what Chairman Jerome Powell says about a rate increase at the central bank’s meeting in September.
19.07 / 08:55
A recession can be avoided, but only if Americans can accept inflation
Peter Morici is an economist and emeritus business professor at the University of Maryland
14.07 / 23:43
Reserve
Federal Reserve Inspector General Finds Powell, Clarida Didn’t Trade Improperly
The Federal Reserve’s inspector general said central bank leader Jerome Powell and former second-in-command Richard Clarida didn’t make improper financial trades while serving in their leadership roles, but it did flag some ways their market activities inadvertently conflicted with Fed rules.
14.07 / 23:19
controversy
Powell, Clarida cleared of wrongdoing in Fed trading controversy
Controversial trading activities from Federal Reserve Chairman Jerome Powell and former Vice Chairman Richard Clarida didn't break any rules or laws, the central bank's Office of Inspector General ruled Thursday.
14.07 / 22:11
COST
UPS
Lowe's
Inflation poses a 'clear and present danger,' says Manchin: Economists weigh in on how it can hurt and help consumers
Inflation hit a new 40-year high in June, and policymakers are working feverishly to tame it — perhaps even risking recession to do so.
14.07 / 00:33
Government
Federal Reserve
Senate
vice chair
US Senate confirms Michael Barr as Fed vice chair for supervision
The United States Senate has confirmed the nomination of law professor Michael Barr to become the next vice chair for supervision for the Federal Reserve.
10.07 / 15:19
Lowe's
For the Fed, Easing Too Soon Risks Repeat of Stop-and-Go 1970s
Federal Reserve Chairman Jerome Powell is raising interest rates at the fastest pace since the 1980s. That has been easy so far because rates are low and the economy has been strong.
30.06 / 02:15
UPS
CEO
rate hikes
The Fed has been clear, but the economy still isn't ready for the big rate hikes ahead, Wells Fargo CEO says
Wells Fargo CEO Charles Scharf said he is betting on «more significant rate hikes» as the Federal Reserve tries to rein in high inflation, and that the economy is not as prepared as it should be.
29.06 / 20:25
economics
Federal Reserve
inflation
Central Bank
We Now Understand How Little We Understand About Inflation – Fed’s Powell
The current high levels of inflation in both the US and Europe have given central bankers an opportunity to “understand better how little we understand about inflation,” US Federal Reserve (Fed) chair Jerome Powell said.
29.06 / 19:35
markets
Europe
inflation
Bitcoin
Bitcoin holds $20K as ECB warns inflation may never return to pre-COVID lows
Bitcoin (BTC) held steady at just above $20,000 after the June 29 Wall Street open as Europe's chief banker admitted the world would "never" return to low inflation.
29.06 / 19:15
FIVE
Powell vows to prevent inflation from taking long-run hold in the U.S.
Federal Reserve Chairman Jerome Powell vowed Wednesday that policymakers would not allow inflation to take hold of the U.S. economy over the longer term.
29.06 / 17:11
Williams
Racing
Watch Fed Chair Powell talk live about the economy, interest rates at ECB forum
[The stream is slated to start at 9 a.m. ET. Please refresh the page if you do not see a player above at that time.]
breaking news about county Jerome
What is the current situation in county Jerome?
In county Jerome, the spotlight is on major events that affect the region’s daily life.
Where can I find reliable news about county Jerome?
We publish verified updates about the situation in county Jerome, based on information from official representatives.
What shapes the media agenda in county Jerome?
The news landscape of county Jerome is shaped by the region’s internal dynamics, reflecting its specific characteristics.