#federal-reserve

#federal-reserve

Rising bond yields and reduced chances of Fed rate cuts are weakening the bullish case for cryptocurrencies and stocks. [ more ]

Solid nonfarm payroll data boosts Wall Street

Investors display confidence in the market due to positive economic indicators [ more ]

Bitcoin outperformed stocks as it managed to recover most of the week's losses while equities tumbled late in the U.S. trading session.

Contrasting statements from Fed officials like Kashkari and Powell led to market volatility, with investors focusing on the rate outlook based on upcoming employment data. [ more ]

The Federal Reserve expects 75 basis points in rate cuts by 2024, a substantial increase from the 25 basis points expected three months ago.

The stock market and bond market saw significant gains in response to the Fed's dot plot, with the Dow Jones reaching a record high and Treasury bond yields falling. [ more ]

Mortgage rates have risen to 6.88%, impacting spring homebuyers and sellers. [ more ]

Mortgage rates fell to 6.79% for a 30-year fixed loan.

A growth rate of 14.9% in new listings provides more options for homebuyers. [ more ]

Mortgage rates rose to 6.87% for a 30-year fixed home loan.

Increased listings in spring may boost housing market despite elevated rates. [ more ]

Inflation rose to 3.2% year over year for the third consecutive month, exceeding the Federal Reserve's 2% target.

Higher inflation may lead to the Fed maintaining higher interest rates for an extended period, impacting mortgage rates and the housing market. [ more ]

Mortgage rates rose to 6.94% for the week, potentially impacting spring homebuying season.

Fed's wait-and-see approach contributed to the recent rise in mortgage rates. [ more ]

Average 30-year fixed-rate mortgage interest rate increased to 7.01%

Refinance applications increased by 10%, while home purchase loans fell by 5%. [ more ]

Mortgage rates rose to 6.77%, highest this year

Fed's strength in January indicates unlikely rate cut in March [ more ]

Jobs report beat estimates but shows softening labor market, pleasing the Federal Reserve.

Wage growth cooling down, job openings quits rate below pre-COVID-19 levels bode well for soft landing, lower mortgage rates. [ more ]

Bitcoin price remains below $66,000 with modest rallies

Bitcoin's rally in 2024 driven by ETF flows, now seeing big sales and slowed purchases. [ more ]

U.S. job openings exceeded expectations at 8.756 million in February.

The dollar is on an upward trend driven by positive U.S. economic data like manufacturing expansion and resilient labor market. [ more ]

Gold prices declined but stayed near all-time highs

US economic data can impact gold prices and investor expectations [ more ]

The dollar rebounded ahead of key U.S. economic data.

Market attention on Q4 U.S. GDP growth and ECB's potential rate cut. [ more ]

Gold hits near all-time high at $2265 amid expectations of Fed rate cuts.

US bond yields rise slightly amidst strong expectations of Federal rate cuts. [ more ]

Quiet Easter week for financial markets, focusing on previous central bank actions.

Upcoming week to be busier with US labor market data and FOMC remarks. [ more ]

Bank of Japan's accommodative monetary stance pressures yen, while strong US economic data supports the dollar.

Japanese inflation data impacts yen, US Federal Reserve discussions affect USD/JPY pair's movement. [ more ]

Stablecoins tied to the dollar are increasing the global strength of the U.S. currency.

Federal Reserve Gov. Christopher Waller believes that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency. [ more ]

Bitcoin (BTC) fell below $49,000 after a higher-than-expected U.S. inflation reading.

The drop in Bitcoin's price was influenced by a lower chance of the Federal Reserve cutting interest rates. [ more ]

California consumers may not see significant decreases in interest rates soon.

Mortgage rates are expected to stay high due to sticky inflation. [ more ]

National housing shortage drives inflation, not broad-based price increases.

Inflation driven by rising shelter costs, not goods or other categories of prices. [ more ]

The U.S. Federal Reserve is expected to cut its key interest rate in June based on the latest Reuters poll.

Economists believe that if Fed policymakers adjust rate projections in March, it will likely signal fewer cuts this year. [ more ]

Powell admires Volcker for having the courage to do what he thought was right.

Powell is facing political criticism from both Democrats and Republicans in the current election year. [ more ]

Fed officials didn't discuss Trump's criticism as they raised rates in December.

Some officials expressed reservations about raising rates due to global economic conditions but proceeded with a rate increase. [ more ]

The housing market is showing signs of returning to normal with slowing median listing price growth, growing inventory of homes for sale, and falling mortgage rates.

Mortgage rates remain within a narrow range and the Fed is expected to cut rates this year, putting pressure on mortgage rates to fall. [ more ]

A "generational" shift in the real estate market is expected, with a potential default of $700 billion to $1 trillion in loan sales.

Loan sales will become a huge business as commercial buildings face high rates and owners struggle to pay off their mortgages. [ more ]

The US dollar is weaker amidst ongoing uncertainty and limited support from economic data

Traders are closely monitoring data for clues on the Federal Reserve's next moves [ more ]

The dot plot released by the Federal Reserve shows central bankers expect 75 basis points of rate cuts in 2024, a substantial increase from the 25 basis points expected three months ago.

Stock markets and bond yields surged following this news, with the Dow Jones Industrial Average surpassing 37,000 for the first time ever and the yield on US Treasury Bonds dropping to its lowest level since May. [ more ]

Bitcoin stabilizes around $41,000 after Monday's drop

Altcoins like DOT, ATOM, INJ, and TIA see gains [ more ]