Kashkari: Federal Reserve Doesn’t Need to Protect Investors

Another Federal Reserve president has spoken out on interest rates. Neel Kashkari says there is no need for interest rate hikes right now but that the US Federal Reserve does not exist to protect investors. Though the stock markets are exhibiting “nervousness,” says Kashkari, investors have to figure out what to do next. We are

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Cash is King: Assets Held in Money Market Funds Now Above $3 Trillion

Volatility in the stock markets has driven investors towards cash, sending assets held in money market funds swelling to their highest levels since March 2010. After spending much of the last eight years in the $2 trillion range, the assets held in money market funds surged above $3 trillion mid last month, according to CNBC.

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Federal Reserve Blames Altcoins for Dragging Down the Bitcoin Price

The Federal Reserve Bank of St. Louis has released an article today about Bitcoin. In it, the bank notes that the price of Bitcoin has three potential futures: indefinite, infinite appreciation; zero; or somewhere in between. They believe it will be somewhere in between. The authors, David Andolfatto and Andrew Spewak, conclude that one of

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From Bitcoin to Brexit, Here’s What Investors Need to Watch for in 2019

Is it possible that the US Federal Reserve’s decision to tighten its balance sheet contributed to bitcoin and the wider cryptocurrency market losing steam in 2018? If so, what should crypto investors expect from the independently-run central bank in the future? Mati Greenspan, the senior market analyst at trading platform eToro, explored these and other

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Dow Holds onto Gains as Trump Pokes at Fed, Says China Talks ‘Going Well’

US President Donald Trump has tweeted a brief, positive, update on the trade talks with China but was still poking at the Federal Reserve this morning. This despite the interest rate hike pressure appearing to be off for the stock markets. Dow, Markets Point North on Tuesday The stock markets appear to be recovering from

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Here’s Why FED Gives Markets Green Light, Further Rate Hikes Unlikely

Renowned economist, author of the “Death of Money,” Jim Rickards says the markets just “got the cue” they need. The U.S Federal Reserve (FED) is now unlikely to raise interest rates again without significant warning. That’s a green light for the stock markets and indeed the cryptocurrency market. Powell's use of "patient" on Friday was

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Here’s Why FED Gives Markets Green Light, Further Rate Hikes Unlikely

Renowned economist, author of the “Death of Money,” Jim Rickards says the markets just “got the cue” they need. The U.S Federal Reserve (FED) is now unlikely to raise interest rates again without significant warning. That’s a green light for the stock markets and indeed the cryptocurrency market. Powell's use of "patient" on Friday was

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Bitcoin Does Not Threaten Global Economy According FSB

Bitcoin and other cryptocurrencies do not pose a threat to the world economy, but should be monitored as the market “continues to evolve rapidly.” That’s the assessment of the Financial Stability Board (FSB), an international body that monitors the global economy. The observations were brought to light in a December 28 report by the Reserve Bank of India

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Bitcoin Does Not Threaten Global Economy According To FSB

Bitcoin and other cryptocurrencies do not pose a threat to the world economy, but should be monitored as the market “continues to evolve rapidly.” That’s the assessment of the Financial Stability Board (FSB), an international body that monitors the global economy. The observations were brought to light in a December 28 report by the Reserve Bank of India

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Fed Chairman Has No Plans to Meet Donald Trump

Jerome Powell, Chairman of the Federal Reserve, has said that he would not resign even if President Donald Trump asked. In the past few months, president Trump has repeatedly criticized Powell and the Federal Reserve for continuing with their tightened monetary policy. He went as far as saying in a Fox Business interview that the

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