2020-3-31 21:34 |
The Federal Reserve should stay the hell away from the stock market. Need proof? Just look at its mortgage bond-buying fiasco. The post This Is Why the Fed Should Stay the Hell Out of the Stock Market appeared first on CCN.com
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Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood.
Bitcoin's price has surpassed $65,000 after the cryptocurrency dropped below $57,000 last week.
Custodia Bank has filed a notice of appeal on April 26, challenging a lower court's decision from March denying its attempt to officially join the U.S. banking system.
Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership.
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.
The world's largest crypto regained the $69,000 level at one point in the session before slipping a bit.
Custodia Bank’s plea for a Federal Reserve master account was rejected. Here's why.