Tag: reserve
Biden will tap oil reserve, hoping to push gasoline prices down.
Under growing political pressure to bring down high energy prices, President Biden on Thursday will announce the release up to 180 million barrels of [...]
Biden Plan Would Release a Million Barrels of Oil a Day From Reserve
WASHINGTON — President Biden is considering a plan to release one million barrels of oil a day from the Strategic Petroleum Reserve for as long as 180 [...]
Just as Hal Finney Predicted, Bitcoin Is Being Purchased to Act as a Reserve Currency
While Terraform Labs is not exactly a bank, it is issuing its own digital cash to make paying for things easier – and it’s about to be backed by bitco [...]
Bitcoin Holds Above $40K as Market Adjusts to Higher Rates From Federal Reserve
At the current level, the crypto has gained about 3% for the week.
www.coindesk.com [...]
S&P 500 and Nasdaq 100 Slightly Lower as Markets Digest Federal Reserve Rate Hike
S&P 500, Nasdaq 100, Federal Reserve, Russia, Ukraine – Talking PointsS&P 500 penned in by resistance around 4,360Nasdaq 100 continues to fai [...]
New Federal Reserve projections show six more rate hikes this year
Federal Reserve officials expect to hike rates roughly six additional times this year, bringing its benchmark interest rate to nearly 2%, according to [...]
USD/CAD Rate Outlook Hinges on Federal Reserve Rate Decision
Canadian Dollar Talking PointsUSD/CAD snaps the series of lower highs and lows from last week as commodity bloc currencies weaken against the Greenba [...]
Gold 2.0? Try Reserve Asset 3.0
From there, Bretton Woods II was born, where the dollar still dominates, but in a system that mostly uses “inside money.” Inside money is made up of c [...]
Federal Reserve works with China’s blockchain ally for instant payments
The United States Federal Reserve is moving forward with its real-time payment project FedNow Service by starting experimenting with the blockchain in [...]
Federal Reserve Chair Pledges to Bring Inflation Under Control
“Mortgage rates will go up, the rates for car loans — all of those rates that affect consumers’ buying decisions,” Mr. Powell said of the way higher r [...]
Federal Reserve Chairman Powell Sees Rate Hike This Month as ‘Appropriate’
The central bank is concerned about inflation, now at its highest in four decades Powell, however, expects inflation will diminish this year as supply [...]
Crude Oil Prices Climb on Ukraine Tensions, Traders Eye US Strategic Reserve Release
CRUDE OIL PRICE OUTLOOK:WTI crude oil prices edged higher to above $96 bbl as Western powers imposed stringent economic sanctions against Russia for [...]
Federal Reserve Not Likely to Change Course After Ukraine Invasion
Federal Reserve officials are turning a wary eye to Russia’s invasion of Ukraine, though several have signaled in recent days that geopolitical tensio [...]
Terra’s LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve
"Raising a BTC reserve is a smart move and may result in lesser fluctuations of UST during future bouts of market volatility," Matthew Dibb, chief ope [...]