The Latest Breaking News from Lael Brainard

Bitcoin, Ethereum Decline, Dogecoin Plunges: How Will Fed's Hawkishness Affect The Apex Coin?

Bitcoin traded below the psychologically important $45,000 mark on Wednesday evening as the global cryptocurrency market cap declined 3.5% to $2 trillion.

Benzinga · Apr 7, 2022

Fed moves toward slashing bond holdings to fight inflation

The Federal Reserve is moving closer to rapidly shrinking its huge $9 trillion stockpile of bonds in the coming months to fight high inflation, a move that would contribute to higher borrowing costs for consumers and businesses

The Independent UK · Apr 6, 2022

The SPY Drops, 10-Year Treasury Yield Soars: What To Watch Heading Into Fed Minutes

The SPDR S&P 500 (NYSE: SPY) gapped down 0.76% on Wednesday, for a total of a 3.14% decline since reaching a high of $462.07 on March 29.

Benzinga · Apr 6, 2022