Federal Reserve - Spark Newswire

2 minute read

FDIC, Fed Discussing Creation Of Fund To Backstop Deposits If More Banks Fail Following SVB Collapse: Report

Today, 12:06 PM

As news of Silicon Valley Bank’s collapse spread across the financial world, the Federal Deposit Insurance Corp, or FDIC, and the Federal Reserve reportedly began discussing the creation of a new fund that could allow re

SIVB

5 minute read

SVB’s Implosion Gets Wall Street Talking: Cuban, Ackman, Chanos, Burry, Schiff And Krugman Respond

By Shanthi Rexaline

Today, 12:06 PM

The collapse of Silicon Valley Bank, which is held by SVB Financial Group (NASDAQ: SIVB) has sent shock waves across the markets.

JPM

1 minute read

Federal Reserve Said It Is Anticipated That The Closed Meeting Of The Board Of Governors Of The Federal Reserve System At 11:30 A.M. On Monday, March 13, 2023, Will Be Held Under Expedited Procedures

By Charles Gross

Today, 12:06 PM

https://www.federalreserve.gov/aboutthefed/boardmeetings/20230313closed.htm

SPY

2 minute read

3 Economists React To February Jobs Report: 50-Basis-Point Interest Rate Hike ‘Still On The Table’ For Fed

By AJ Fabino

Today, 12:06 PM

U.S. payrolls soared by 311,000 in February, maintaining a strong pace despite recent interest rate hikes aimed at dampening demand.

SPY

3 minute read

US Stocks Poised To Open Lower After Thursday’s Plunge: Can Jobs Data Help Reverse Sentiment?

By Shanthi Rexaline

Today, 12:06 PM

Trading in the U.S. index futures suggests stocks could extend their sell-off on Friday, although the jobs report due ahead of the market open could change the entire complexion depending on how the numbers shape up. Cues From Thursday’s Trading:

ALK

2 minute read

What To Expect From Friday’s Jobs Report: Barclays Economist Breaks It Down

By Bhavik Nair

Today, 12:06 PM

Barclays Vice President and U.S. economist Pooja Sriram reportedly said that the non-farm payrolls figure for February is…

QQQ

2 minute read

Fed Assembling Special Crypto Squad As Silvergate Collapse Unnerves Investors

By Mehab Qureshi

Today, 12:06 PM

Michael Barr, the Federal Reserve's Vice Chairman for Supervision, said the central bank is taking action to protect the cryptocurrency sector, with the formation of a "specialized team of experts.”

BTC

2 minute read

Will CBDCs Kill Bitcoin Like Fed’s Powell Says? Here’s Why They Might Actually Pump It Up Further

By Jose Rodrigo Safdiye

Today, 12:06 PM

Jerome Powell's recent comments on cryptocurrency have caused a stir, with the Federal Reserve Chair suggesting they could become worthless if the U.S. introduces its own central bank digital currency. How true is this? Let’s break it down.

$BNB

2 minute read

All Eyes Are On Friday’s Jobs Report: Data Is Critical For Fed’s Next Move In Brawl With Sticky Inflation

By Adam Eckert

Today, 12:06 PM

Thursday's jobs data suggests the labor market might finally be starting to roll over, but attention is shifting to Friday's non-farm payrolls report, which Fed Chair Jerome Powell flagged this week as key to understanding the

SPY

1 minute read

Fed’s Barr Says Some New Financial Technologies Have The Potential To Accelerate Payment Systems; Banks Are Expected To Notify The Fed Before Engaging With Crypto; The Fed Would Consider It Risky For Banks To Directly Own Crypto Assets

By Happy Mohamed

Today, 12:06 PM

- Reuters

BTC