rate cuts

Fed Pauses Interest-Rate Cuts as January FOMC Meeting Looms, Leaving Markets on Edge

The U.S. Federal Reserve has paused its cycle of interest-rate cuts, holding the federal funds rate at 3.50%–3.75%after three consecutive reductions at…

1 month ago

Federal Prosecutors Open Criminal Investigation into The Fed and Jerome Powell

Federal prosecutors have opened a criminal investigation of Federal Reserve Chair Jerome Powell over his June testimony before Congress about…

2 months ago

Bitcoin’s Surge Past $90K Driven by ‘Improved Risk Sentiment

A surge in Bitcoin’s buying pressure pushed the cryptocy past $90,000 for the first time in nearly a week on…

3 months ago

Bitcoin Plunges Below $86,000 as US Jobs Data Dampens Rate Cut Hopes

Bitcoin fell to new local lows on Thursday after the latest U.S. jobs report pointed to lingering inflationary pressures. According to The…

3 months ago

Bitcoin Extends Losses Below $89,000 as Fed Minutes Outline 2-Sided Risks, No Preset Path For Rate Cuts

Bitcoin extended its decline on Wednesday, falling to roughly $88,600, its lowest level since April and more than 5% below…

4 months ago

Fed Cancels December Rate Cut, 18% Chance of Hike, Slowing Bitcoin Rally

The Federal Reserve just cut the policy rate by 25 basis points, moving the target range to 3.75% to 4.00%. However,…

4 months ago

Bitcoin Trades Flat Near $118K as Fed Holds Rates Steady

Bitcoin hovered near $118,000 on Wednesday after the Federal Reserve held interest rates steady at 4.25% to 4.5%, maintaining a cautious…

7 months ago

Bitcoin, Ethereum Hold Steady After Fed Skips Rate Cut

Bitcoin was trading roughly flat in the hour after the U.S. central bank hewed to its recent policy of keeping…

9 months ago

The Federal Reserve Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Selloff

The U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5% on Wednesday, marking the…

1 year ago

Bitcoin Holds Steady as Fed Chair Powell Hints at Rate Cuts in September, Says No Plans For CBDC

Federal Reserve Chair Jerome Powell suggested on Wednesday that the central bank might reduce interest rates at its upcoming September meeting if…

2 years ago