Die Fed kodifiziert die vierte Zinserhöhung in Folge um 75 Basispunkte – Aktien, Bitcoin, und Metals Rise

Die USA. Die Federal Reserve hat am Mittwoch eine weitere massive Zinserhöhung eingeführt, November. 2, 2022, durch eine Erhöhung des Federal Funds Rate (FFR) durch 75 Basispunkte (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growth in spending and production.”

UNS. Central Bank Hikes the Federal Funds Rate by 75bps

While U.S. president Joe Biden hosted an event called the “Infrastructure Talent Pipeline Challenge,” the country’s central bank increased the FFR once again by 75bps on Wednesday. Markets had priced in and predicted the 75bps increase well before the Federal Open Market Committee (FOMC) convened.

Just before the rate hike, the White House gemeldet that the Biden administration plans to allocate $13.5 billion to help low-income American households pay for heating this winter. This is due to the fact that red-hot inflation has contributed to U.S. consumers paying 28% more to heat their residences than they did last winter.

“Recent indicators point to modest growth in spending and production,” the FOMC Bekanntmachung said on Wednesday. “Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures,” the central bank added.

The Fed’s FOMC statement continued:

Russia’s war against Ukraine is causing tremendous human and economic hardship. The war and related events are creating additional upward pressure on inflation and are weighing on global economic activity. The Committee is highly attentive to inflation risks.

The Fed’s rate hike follows the U.S. central bank’s key inflation gauge, the personal consumption expenditures (PCE) price index Prüfbericht, which showed an increase of 0.5% in September. Darüber hinaus, the most recent consumer price index (VPI) Prüfbericht, noted U.S. consumer prices jumped 8.2% in September.

Stocks, Bitcoin, and Precious Metals Rise on the Possibility of a Fed Pivot

Stocks jumped ahead after the Fed announced the 75bps raise and Bitcoin (BTC) Auch jumped 1% in the last hour following the announcement. The price of gold, per troy ounce, jumped 0.98% higher, while the price of one ounce of fine silver increased by 1.58% over the $20 per ounce region.

Markets rebounded as the Fed’s announcement hinted at a possible pivot. “The committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments,” the U.S. central bank said.

Freddie Mac reported last week that the average rate of a 30-year fixed mortgage jumped above 7% after it was only 3.14% a year ago. The FFR increase will likely slowly trickle down to mortgage, Anerkennung, and lending rates affecting every American citizen looking to access these financial vehicles.

During Jerome Powell’s follow-up speech, he still insisted that rate hikes and monetary tightening were and still are needed to address the country’s red-hot inflation. Powell remarked on multiple occasions that the 2% inflation rate is still a strong goal the Federal Reserve is aiming for at the moment.

Obwohl, he also said a slowdown in restrictive measures “is coming” and insisted it could very well happen “at this coming meeting or the next,” when reporters asked the central bank chief if the Fed would pivot by December.

Following Powell’s news conference with reporters, Vorräte, precious metals, and bitcoin started to lose the gains they saw an hour after the FOMC statement was released. Von 2:55 Uhr. (ET), all four major stock indexes declined, gold was up by 0.13%, und BTC was up by 0.6% on Wednesday afternoon.

What do you think about the Fed’s fourth consecutive 75bps rate hike? Teilen Sie uns Ihre Meinung zu diesem Thema in den Kommentaren unten mit..

Jamie Redman

Jamie Redman ist der Nachrichtenleiter bei Bitcoin-Tidings.com News und ein in Florida lebender Journalist für Finanztechnologie. Redman ist seitdem ein aktives Mitglied der Kryptowährungs-Community 2011. Er hat eine Leidenschaft für Bitcoin, Open-Source-Code, und dezentrale Anwendungen. Seit September 2015, Redman hat mehr als geschrieben 6,000 Artikel für Bitcoin-Tidings.com Nachrichten über die disruptiven Protokolle, die heute auftauchen.

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