2020-10-21 13:00 |
If Congress approves a second stimulus to mitigate the pandemic's economic fallout, will the Fed do another round of quantitative easing to absorb the debt?
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Six stimulus packages have been proposed to provide second stimulus checks for Americans. The latest proposal came from the White House on Friday. Several stimulus bills are being discussed as Americans hope to soon receive another round of direct payments to help them through the coronavirus pandemic-led economic crisis.
2020-10-12 22:30 | |
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The government of the self-governing British territory of Bermuda has taken another major move into cryptocurrency this week. Announced Tuesday, the island country will offer stimulus to its 71,000 residents through the distribution of a stable coin.
2020-9-2 23:26 | |
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Bitcoin (BTC) price has been dragged lower to test weekly support near $11,000 after the buyers failed to close above the $12,000 handle last week. Fundamental analysis: A beginning of another bull market? The largest Bitcoin exchanges and crypto wallet apps such as Coinbase, Blockchain Wallet, Binance, BRD and others registered record-high combined downloads last month, largely thanks to the fact that many institutional investors turned to BTC in the midst of unparalleled coronavirus stimulus spending.
2020-8-28 13:42 | |
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In another testament to the growing popularity of Bitcoin (BTC), a Canadian restaurant recently swapped its entire cash reserves for BTC. As stimulus payments offset COVID-19 economic shutdowns, an influx of cash is making its way into circulation.
2020-8-20 18:28 | |
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With the United States on the verge of giving another fiscal stimulus to jolt the economy, Goldman Sachs is recommending to buy gold amidst inflation and “debasement” fears over the U. S. dollar. Goldman sees gold rising in price up to $2,300 by 2022.
2020-8-4 21:05 | |
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This week, the United States Senate introduced another stimulus package that would add more than $1 trillion to the Fed’s already ballooning balance sheet. In response, gold reached a new all-time high, and Bitcoin soared to $11,000.
2020-7-30 18:03 | |
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The world’s bureaucrats have been on a money creation spree and on July 21, the European Union approved an unprecedented $2. 1 trillion coronavirus relief budget. Additionally, American leaders are in the midst of approving a new stimulus relief act amid July’s unemployment extension benefits expiring.
2020-7-23 03:15 | |
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Coinspeaker Stock Markets Pump as U. S. Plans Another Fed Stimulus to Support EconomyAnother Fed stimulus package is expected as the U. S. authorities are trying to push the economy forward.
2020-6-17 16:24 | |
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The White House and congressional leaders are putting preparations in top gear to dish out another round of COVID-19 stimulus money to citizens in the coming weeks. Some politicians, including Congressman Tom Emmer, has urged the authorities to tap blockchain technology to ensure more frictionless stimulus package disbursement to the unbanked as well as thoseRead MoreRead More.
2020-6-15 17:07 | |
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After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.
2020-6-4 14:33 | |
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Economists have predicted that India will face its worst recession ever as the country announced another nationwide lockdown extension. India’s economy is forecasted to contract 45% in the second quarter following the Rs 20 lakh crore coronavirus relief stimulus package which some economists call “aimless” and a “lost opportunity.
2020-5-21 10:15 | |
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Price predictions for Bitcoin (BTC), Ethereum (ETH), and XRP, another round of stimulus checks could push BTC to $10,000, and MoneyGram ties the knot with Federal Bank.
2020-5-15 02:02 | |
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As the United States Fed prepares to issue additional stimulus and economic relief efforts, assets like Bitcoin and Gold are gearing up for yet another leg up. How will the latest move to save the economy from a devastating depression impact these two, scarce, safe-haven assets in the days ahead? Federal Reserve Delivers Somber News About Economy, Pledges More Stimulus If Necessary This morning, Federal Reserve Chairman addressed the world via a webcast and revealed […]
2020-5-13 19:55 | |
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Cryptocurrency exchanges like Coinbase could see a fresh round of Bitcoin buying as US officials ponder another distribution of stimulus checks to those affected by the ongoing COVID-19 pandemic. In the wake of the first payments sent to Americans, some platforms reported a surge in equivalent BTC purchases.
2020-5-1 21:10 | |
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Another week, another round of Crypto Tidbits. Bitcoin has performed extremely well over the past week, managing to rally as high as $7,800, which is a pre-crash level, just the other day in a move that liquidated $70 million worth of short positions.
2020-4-26 07:08 | |
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As we wrap up another crazy week – 6.6 million more jobless claims, $2.3 trillion more in stimulus – NLW lays out the key themes and questions to think about over the long Easter weekend.
2020-4-11 22:00 | |
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Another 6. 6M Americans filed for jobless claims in the past week, exceeding forecasts. The Fed has responded with another $2. 3 trillion in stimulus funds. The macroeconomic outlook for the United States looks bleak, as another 6.
2020-4-10 21:15 | |
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Galaxy Digital chairman Michael Novogratz said that bitcoin is his pick under the current financial situation, describing it as an “amazing environment” to buy bitcoin. With “global money printing orgy,” a possible another trillion-dollar stimulus package, and “money growing on trees,” Novogratz said this is the year for bitcoin.
2020-4-9 19:35 | |
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The coupling and decoupling of Bitcoin to the S&P500 took another turn late last week with the recent stimulus injection. With all the talk of the United States Federal Reserve pumping billions inThe post CME Bitcoin Futures volume sink as stock market resurges appeared first on AMBCrypto.
2020-3-29 20:00 | |
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Global stock markets surged higher on Friday after central banks around the world unleashed a torrent of stimulus measures to cushion the shock from coronavirus (Covid-19). With US stock futures sharply higher, Wall Street is expected to have yet another big swing.
2020-3-20 18:33 | |
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| Analogue Notcoin - TapSwap |
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength.
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.
U.S. economic data on Thursday has sent rates and the dollar higher.
An interest rate cut isn't likely on the table, but risk assets are doing just fine
The US Federal Reserve has signaled that interest rates may have peaked but hasn't ruled out future hikes. The bank expects three 0.25 percentage point cuts by the end of 2024. The post Fed Signals Interest Rate Peak, Doesn’t Rule Out Future Hikes appeared first on BeInCrypto.
Recession forecasters predict the Fed has much work to do to bring inflation to 2%, a problem that Bitcoin could exploit. The post Will Bitcoin Price Surge if Fed Cuts Rates Amid ETF Approvals? appeared first on BeInCrypto.
The recently hawkish Fed governor said rate cuts could be on the agenda if inflation continues to decline.