Search
Federal Reserve Chair Pushes Stronger Measures to Tackle Inflation, Considers Back-to-Back Rate Hikes
1.7.2023
Federal Reserve Chair Jerome Powell has reaffirmed the Fed’s hawkish stance. Noting that the latest economic data indicates that the Fed’s policy “may not be restrictive enough” and “has not been restrictive for long enough,” Powell stated that the central bank could...
San Francisco Fed President Deems 2 Rate Hikes in 2023 ‘Reasonable,’ Urges Caution in Monetary Policy
26.6.2023
Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed her views this week, stating that she believes two additional rate hikes this year would be appropriate. However, she maintains a neutral stance regarding the forthcoming July Federal Open Market Committee (FOMC) meeting...
Bitcoin price data suggests bulls will succeed in holding $30K as support this time
23.6.2023
Two key Bitcoin price metrics suggest that bulls will be able to hold the $30,000 level as support
Anticipation Builds as US Central Bank Eyes Two More Rate Hikes, Targeting 5.6% by Year-End
20.6.2023
After the U.S. central bank refrained from boosting interest rates last week, investors now anticipate two more hikes that may elevate the federal funds rate to 5.6% by the year’s end, climbing 50 basis points (bps) from its present level. CME’s Fedwatch tool indicated on Tuesday that...
Bitcoin Sinks to 25.5K, Altcoins Tumble, as Investors Shrug Off Fed Rate Hike Pause
14.6.2023
Ether tumbled below $1.7K just two hours after the U.S. central bank met widespread expectations by ending its more than year-long diet of interest rate increases
Fed Pauses Interest Rates After 10 Consecutive Hikes; Committee Likely to Raise Rates ‘Somewhat Further’ This Year
14.6.2023
In accordance with market predictions, the U.S. Federal Reserve decided to halt its rate hike this month after ten consecutive hikes since last year. The members of the Federal Open Market Committee (FOMC) asserted that the U.S. banking system is still “sound and resilient,” and...
Fed Leaves Policy on Hold, Ending Long String of Rate Hikes
14.6.2023
The U.S. central bank signaled it might restart rate hikes in coming months if inflation doesn't continue to recede
Bitcoin Price Prediction and Potential Breakout; Eyes on FOMC and Fed Rate
14.6.2023
The most prominent cryptocurrency, Bitcoin, is currently being closely monitored for potential price predictions and breakout opportunities.
Traders and investors are eagerly awaiting the upcoming Federal Open Market Committee (FOMC) meeting and Fed Rate announcement, as these events have...
US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates
13.6.2023
The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open Market Committee (FOMC) meeting scheduled for June...
Bitcoin Dithers Below $26K as Investors Eye CPI Data, FOMC Rate Hike Decision
12.6.2023
The largest cryptocurrency held its perch where it spent much of the previous three days
Bitcoin, Ethereum to shake off 'toothless adversary' SEC as FOMC looms
9.6.2023
BTC and ETH price action will continue to be affected by macro events, QCP Capital says, with next week looking "action packed" for crypto volatility
Economist Larry Summers Urges Fed to Consider Half-Point Rate Increase in July
3.6.2023
Larry Summers, the American economist and former U.S. Treasury Secretary, believes that should the U.S. Federal Reserve refrain from increasing the benchmark interest rate this month, a half-point rate hike may be necessary for July. As per the CME Fedwatch tool, there is a 74% likelihood that...
Market Outlook: CME Fedwatch Tool Points to Increased Chance of June Rate Hike
26.5.2023
According to the CME Group Fedwatch tool on Thursday, there was a 51% probability of a quarter-point rate increase during the upcoming Federal Open Market Committee (FOMC) meeting on June 14. Just a fortnight ago, the Fedwatch tool indicated a slim possibility of the federal funds rate reaching...
Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes
24.5.2023
The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data
FOMC Minutes Signal Central Bank Divided on Need for More Tightening – Here is How Crypto Reacted
24.5.2023
The minutes from this month’s FOMC meeting of US Federal Reserve policymakers were just released, revealing the bank to be divided on the need for further interest rate hikes.
Cryptocurrency, forex, US equity and US bond markets didn’t see much of a reaction to the minutes, the tone of which were...
Bitcoin, Ethereum Technical Analysis: BTC, ETH 2% Lower, Ahead of FOMC Minutes
24.5.2023
Bitcoin was once again trading below a key resistance level of $27,000 on Wednesday, ahead of today’s U.S. Federal Open Market Committee (FOMC) minutes report. Markets are expecting that the minutes will show the Federal Reserve’s timeline towards a policy pivot. Ethereum was 2% lower...
Federal Reserve Chair Powell Hints at Possible Pause in Interest Rate Hikes
22.5.2023
Federal Reserve Chair Jerome Powell has hinted that the Fed may pause raising interest rates at the Federal Open Market Committee (FOMC) meeting next month. “Having come this far, we can afford to look at the data and the evolving outlook and make careful assessments,” Powell said. Fed Chair Jerome...
Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting
14.5.2023
Investors believe it is highly likely that the target rate will remain unchanged at the June 14 Federal Open Market Committee (FOMC) meeting, following the U.S. Federal Reserve’s decision to increase the federal funds rate by 25 basis points on May 3. As the battle against inflation in...
The Need for Clarity in Washington – Not Just on Crypto
5.5.2023
The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such...
Bitcoin Falls Slightly After Fed Rate Hike
3.5.2023
BTC was down about 1% after the U.S. central bank boosted the Federal Funds rate by 25 basis points. Fed Chair Jerome Powell noted that the central bank had omitted language signaling rate hikes at upcoming meetings