Fighting Financial News
21.09 / 21:48
UPS
Target
Fighting
The Fed forecasts hiking rates as high as 4.6% before ending inflation fight
The Federal Reserve will raise interest rates to up to 4.6% in 2023 before the central bank stops its fight against soaring inflation, according to its median forecast released on Wednesday.
21.09 / 21:26
UPS
Target
Fighting
Fed raises rates by another three-quarters of a percentage point to fight inflation
The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will keep hiking well above the current level. In its quest to bring down inflation running near its highest levels since the early 1980s, the central bank took its federal funds rate up to a range of 3%-3.25%, the highest it has been since early 2008 following the third consecutive 0.75 percentage point move. The increases that started in March and from a point of near-zero mark the most aggressive Fed tightening since it started using the overnight funds rate as its principal policy tool in 1990.
21.09 / 16:07
UPS
Target
Fighting
Reserve
Here's everything the Federal Reserve is expected to do today
There's not a lot of mystery surrounding Wednesday's Federal Reserve meeting, with markets widely expecting the central bank to approve its third consecutive three-quarter point interest rate hike.
19.09 / 17:55
Fighting
Remark
Jerome Powell’s Inflation Whisperer: Paul Volcker
The Federal Reserve’s annual August retreat in Jackson Hole, Wyo., was imminent, and markets were rallying on expectations the central bank might slow its pace of interest rate increases.
15.09 / 12:11
Fighting
Founder of Patagonia — gilet brand loved by bankers and ‘Billions’ — gives away company to fight climate change
Patagonia founder Yvon Chouinard is giving away the multibillion-dollar outdoor apparel business he founded nearly 50 years ago, with a goal of helping to tackle climate change.
14.09 / 07:09
13.09 / 13:43
Blockchain
IPO
CEO
Fighting
Startup Aims to Become First South Korean Crypto Player to List on KOSDAQ Exchange
A South Korean crypto and blockchain startup is aiming for the KOSDAQ, the country’s stock exchange, and could become the nation’s first publicly listed company.
12.09 / 11:47
UPS
Fighting
Boeing
Liz Truss and BoE set to clash again amid government push to cut regulation
New prime minister Liz Truss is set for another fight with the Bank of England, this time over post-crisis rules for banks.
09.09 / 19:17
UPS
Fighting
Remark
Fed's Waller sees 'significant' rate hike this month, backs data-dependent approach
Federal Reserve Governor Christopher Waller on Friday echoed recent sentiments from his colleagues, saying he expects a big interest rate increase later this month.
08.09 / 18:01
Fighting
Assurant
Remark
Fed Chair Powell vows to raise rates to fight inflation 'until the job is done'
Federal Reserve Chairman Jerome Powell in an appearance Thursday emphasized the importance of getting inflation down now before the public gets too used to higher prices and comes to expect them as the norm.
07.09 / 20:11
Target
Fighting
Remark
vice chair
Fed Vice Chair Brainard vows 'we are in this for as long as it takes' to stop inflation
Federal Reserve Vice Chair Lael Brainard vowed Wednesday to press the fight against inflation that she said is hurting lower-income Americans the most.
02.09 / 22:33
Progressive
Fighting
Bitcoin
Maker [MKR] threatens a push lower, can $750 stave off bears’ efforts
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
02.09 / 01:01
Action
Fighting
Remark
New Dallas Fed Chief Puts Inflation Fight on Front Burner
Lorie Logan in her first comments as leader of the Federal Reserve Bank of Dallas on Wednesday said she agreed with other Fed officials that the central bank must focus on bringing inflation down.
01.09 / 15:11
31.08 / 15:53
UPS
Target
Fighting
Fed's Mester sees benchmark rate above 4% and no cuts at least through 2023
Cleveland Federal Reserve President Loretta Mester said Wednesday she sees interest rates rising considerably higher before the central bank can ease off in its fight against inflation.
30.08 / 20:49
Blockchain
Platform
Fighting
Monero
Returns
new cryptocurrency
Big Eye Coin, New Cryptocurrency With 10x Returns In Prospect
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
26.08 / 21:58
COST
Fighting
Remark
Powell warns of 'some pain' ahead as the Fed fights to bring down inflation
Federal Reserve Chairman Jerome Powell delivered a stern commitment Friday to halting inflation, warning that he expects the central bank to continue raising interest rates in a way that will cause «some pain» to the U.S. economy.
25.08 / 13:31
Twitter
Fighting
whistleblower
elon
Whistleblower complaint complicates Elon Musk-Twitter legal fight
Twitter’s legal battle with Elon Musk to enforce his stalled $44bn takeover has gotten more complicated.
24.08 / 21:57
UPS
Gap
Fighting
lawmakers
President's student loan forgiveness plan draws pushback from some lawmakers and consumer groups
President Biden's long-awaited plan to forgive student debt, announced on Wednesday, drew immediate pushback from some lawmakers and consumer groups even as they praised the historic measure.
23.08 / 09:51
Twitter
CEO
Fighting
Tesla
Deal
Musk’s legal team hits former Twitter boss Dorsey with subpoena as legal fight over $44bn deal continues
Elon Musk’s lawyers have sent a subpoena to Jack Dorsey, the first indication that Twitter’s co-founder and former chief executive will be officially involved in the legal fight over Musk’s stalled $44bn deal.
22.08 / 15:41
Blockchain
Fighting
Crypto-crime revenue drops by 65% - report
According to blockchain analysis firm Chainalysis, the total revenue for crypto-crime in H1 stands at $1.6bn. In addition, the number of transfers made to illict crypto scams is at its lowest for four years, states the study.
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