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Tag: Federal Reserve

FILE PHOTO: Bitcoins are seen in this illustration picture

Bitcoin set for biggest monthly jump since 2020 amid ETF boost

Bitcoin surges towards a record high fueled by ETF approvals and investor excitement, marking its largest monthly gain in over three years.

Read More Bitcoin set for biggest monthly jump since 2020 amid ETF boost
A man shops for produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

Markets underestimate risk of inflation re-accelerating, says PIMCO

Equity and fixed income markets may be too optimistic on how quickly central banks will cut interest rates.

Read More Markets underestimate risk of inflation re-accelerating, says PIMCO
The logo for Citibank is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly/File Photo

Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders

U.S. regulators have asked Citigroup for urgent changes to the way it measures default risk of its trading partners.

Read More Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders
A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims fall slightly more than expected

The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.

Read More US weekly jobless claims fall slightly more than expected
A "Help Wanted" sign hangs in a restaurant window in Medford, Massachusetts, U.S., January 25, 2023. REUTERS/Brian Snyder/File Photo

US labor market sizzles; delivers large job and wage gains

U.S. job growth accelerated in January and wages increased by the most in nearly two years.

Read More US labor market sizzles; delivers large job and wage gains
Federal Reserve Chair Jerome Powell holds a press conference following the release of the Fed's interest rate policy decision at the Federal Reserve in Washington, U.S., January 31, 2024. REUTERS/Evelyn Hockstein

Fed says more ‘confidence’ needed on inflation front before rate cuts can start

The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.

Read More Fed says more ‘confidence’ needed on inflation front before rate cuts can start

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