HISTORICAL FACTS: 138 - The Untold Story

Bitcoin, Ethereum, Dogecoin Down As Fed's Powell Dials Up Hawkish Tone: Why Cryptos Could See A 'Strong Recovery'

Bitcoin traded above the psychologically important $40,000 mark even as the apex coin and other major peers were in the red over 24 hours leading up to Thursday night. The global cryptocurrency market cap shrank 2.6% to $1.9 trillion. 

Benzinga · Apr 22, 2022

ASX drops, Wall Street stocks fall on Fed chair Jerome Powell's rate hike warning

Australian shares fell sharply, following losses on Wall Street as the chairman of the US Federal Reserve warned of aggressive interest rate hikes next month.

ABC News · Apr 21, 2022

Powell reinforces expectations of sharp rate hike next month

The Federal Reserve must move faster than it has in the past to rein in high inflation, Chair Jerome Powell said, signaling that sharp interest rate increases are likely in the coming months, beginning at the Fed’s next policy meeting in May

The Independent UK · Apr 21, 2022

Thiel blasts Dimon, Buffett and Fink as ‘finance gerontocracy’ at Bitcoin 2022

Billionaire entrepreneur Peter Thiel called Warren Buffett, Jamie Dimon and Larry Fink members of a “finance gerontocracy” opposed to a “revolutionary youth movement” that embraces Bitcoin.

Tribune News Service · Apr 7, 2022

Fed casting its inflation fight as battle against inequality

As the Federal Reserve intensifies its efforts to tame high inflation, its top officials are casting their aggressive drive in a new light: As a blow against economic inequality

The Independent UK · Apr 7, 2022

The Fed takes the red pill

The US Federal Reserve has finally acknowledged the reality of the inflation problem. The uncertainty raised by the Russia-Ukraine war did not stop it from raising rates at its March policy meeting, though it capped its first hike to just 25 basis points.

Bangkok Post · Apr 3, 2022

After Amazon workers’ union victory the Fed must stop tipping the scales for bosses

A post-Covid jobs recovery has strengthened workers’ hand – companies posting record profits don’t need government to slow the economy

The Guardian - US · Apr 3, 2022

Biden Is Clueless About Inflation

The president's $5.8 trillion budget shows he wants more of the same government spending that is already sending prices through the roof.

Reason · Apr 1, 2022

Fed's rate hikes threaten its goal of narrowing racial gaps

America’s hiring boom of the past year has narrowed racial disparities in unemployment

The Independent UK · Mar 31, 2022

US growth in Q4 revised lower to 6.9%, slower growth to come

The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday, a slight downgrade from its previous estimates

The Independent UK · Mar 30, 2022