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Bitcoin Recovers to $38,000, Correlated with US Futures Ahead of Fed Meeting ResultsBitcoin is back to its highest since last January, along with US equity futures: crypto. $BTC
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CNBC Fed Survey forecasts more aggressive Fed, but better economic growthThe central bank's two-day meeting ends Wednesday, where it is expected to give more clues as to when it will hike rates and begin shrinking the balance sheet.
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Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows – Economics Bitcoin NewsEconomists fear the hawkish Fed will tighten markets too fast after the central bank expanded the U.S. monetary supply like never before. FOMC Economy Inflation Crypto
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Gold (XAU/USD) Buffeted by Fed Rate Hike Risk and Russia/Ukraine War FearsIncreasingly hawkish market expectations are starting to be reined back and tomorrow’s press conference will hopefully give markets more detail and temper the current volatile market conditions. Get your market update from nickcawley1 here:
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Stocks climb back after steep slide on Fed, Ukraine jittersA volatile day on Wall Street ended Monday with stocks notching modest gains after climbing back from a steep slide that had knocked more than 1,200 points off the Dow Jones Industrial Average.
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Stocks climb back after steep slide on Fed, Ukraine jittersStocks finished a volatile day slightly higher on Monday after reversing a steep slide caused by uncertainty over inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine. A late-day buying spree pushed the benchmark S&P 500 index to a 0.3% gain after pulling it out of so-called correction territory — a drop of 10% or more from its recent high. “We’re in this wait-and-see mode, which is almost the most uncomfortable place to be, so I think the market is really grappling with that,” said Lindsey Bell, chief markets and money strategist at Ally Invest.
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