Federal Reserve Governor Lael Brainard said in a speech that further gradual rate increases are "appropriate," especially in light of the economic stimulus expected to come from President Donald Trump's tax cuts.
Federal Reserve Chair Jerome Powell, sworn in earlier this month, testified Thursday before the U.S. Senate Banking Committee.
Bitcoin could 'easily' see a $100,000 price tag in the coming year. That's the assessment from James Altucher, a noted crypto commentator, author and podcast host. Watch the exclusive webcast TheStreet Live: Investing in Cryptocurrencies.
The index climbed to 130.8 from 125.4 in January, the Conference Board, a Washington-based research association, said Tuesday in a statement. Economists had expected a reading of 127 on average, according to data provider FactSet. The index, based on a survey of consumers' assessment of business and employment conditions, was at its highest since 2000.
Federal Reserve Chair Jerome Powell, sworn in earlier this month, testified Tuesday before the U.S. House of Representatives' Financial Services Committee.
Cryptocurrency miners are always looking for the fastest and most powerful chips to run their rigs and they are showing them off on social media.
The Federal Reserve's monetary-committee released minutes of its January meeting, in which members held benchmark U.S. interest rates steady in a range of 1.25% to 1.5%.