Silicon Valley Bank's collapse could have resulted in a broader financial crisis, leaving the authorities no choice but to implement emergency measures.
Regulators in the US said on Monday that SVB's customers would have access to all their deposits, and a new facility has been set up to provide banks with access to emergency funds.
The Fed has also taken action to make it simpler for banks to borrow from the central bank in an emergency.
As I was quoted by City Read More
Comments from Federal Reserve Chair Jerome Powell this week will likely kick start a year of important opportunities for global investors.
Following last week’s “extraordinarily strong” U.S. jobs report, Powell delivered his first comments during a question-and-answer session with David Rubenstein of the Economic Club of Washington, stating: “We didn’t expect it to be this strong.”
As I was quoted by Forbes, Newsmax, Yahoo Finance, MSN, Mena FN, Read More
The latest Federal Reserve meeting minutes published on Wednesday appear to indicate the U.S. economy is heading toward a recession.
The minutes showed the central bank is maintaining its cautious stance on inflation, with officials in agreement that rate cuts shouldn’t take place this year. “In view of the persistent and unacceptably high level of inflation, several participants commented that historical experience cautioned against prematurely loosening monetary policy,” Read More
With the Federal Reserve meeting underway, investors shouldn’t panic about the latest announcement and stick to basic investment fundamentals.
During this two-day meeting, it’s widely predicted the U.S. central bank will hike rates by a further 75 basis points.
Once again, we can see the Fed is driving investor sentiment, stock markets and decision-making.
As I was quoted by MSN Money, Financial Mirror StockHead and Financial Express, amongst other media, only last week Read More
As the adoption of cryptocurrencies continues to grow and central banks across the globe strive to develop their own digital currencies (CBDCs), blockchain will irreversibly shake up the global payments system for the better.
For the first time, the U.S. Federal Reserve has launched an extensive discussion paper that will act as the basis for a debate about the introduction of a digital dollar. Yet the U.S. is trailing China in this regard, which is already Read More
The forecast move by the U.S. Federal Reserve today to hike interest rates is spooking investors into making sure their portfolios are suitably diversified. Something they should be doing already.
Markets are awaiting the Fed’s announcement on Wednesday, which could indicate the first increase in U.S. rates since 2018 as they attempt to combat soaring inflation.
The day has arrived. Investors across the globe have been preparing for the Fed’s decision since Read More
The price of Bitcoin and other cryptocurrencies will robustly rebound after a sudden drop on Wednesday, after minutes from the Federal Reserve’s latest meeting were unveiled.
In a matter of hours, the price of Bitcoin dropped $3,000, from over $47,000 to just under $44,000.
The Fed minutes heightened predictions that the U.S. central bank will now act faster to hike interest rates to combat surging inflation. As such, there was a knee jerk sell-off on Wall Street and the Read More
Investors need to brace for a 10% market correction over the next month, as they make sense of the Fed’s stance on interest rates.
The U.S. central bank is forecast to announce it will begin to taper its $120 billion monthly bond purchases on Wednesday, and the real story for the markets is how the Federal Reserve will talk about inflation.
Indeed, inflation is becoming a much bigger issue than most analysts had predicted, so investors will be grappling to fight the trend of Read More
U.S. President Biden’s decision to select Janet Yellen as U.S. Treasury Secretary could help stock markets reach all-time highs this year.
Joe Biden’s inauguration as the 46th President of the United States on Wednesday signifies a new era bolstered by certainty, stability and a return to established norms. All things the markets favour.
That said, after the pomp and ceremony of the inauguration, investors’ eyes are now on Janet Yellen, who will take Read More