The Fed

The Federal Reserve Maintained The Federal Funds Rate Unchanged Between 4.25% and 4.50%

The Federal Reserve kept interest rates unchanged today, maintaining the federal funds rate between 4.25% and 4.50% for the second consecutive meeting…

12 months ago

Crypto Rally Doesn’t Hold After Soft Inflation Data

The crypto sector was mostly flat for the day, as a short rally following better than hoped U.S. inflation data…

12 months ago

Bitcoin Rebounds to $97,500 After Post-Inflation Drop

After slumping to just above $94,000 earlier Wednesday following far stronger than expected U.S. inflation data, bitcoin (BTC) has reversed higher,…

1 year ago

Bitcoin Falls Below $100k Following Hawkish FOMC Despite 25bp Rate Cut

Bitcoin (BTC) fell to a low of $100,300 following hawkish comments by Fed chair Jerome Powell during the Federal Open Market…

1 year ago

Fed Issues Cease and Desist Order to United Texas Bank Over Crypto-Related Concerns

The United States Federal Reserve has issued a cease and desist order to United Texas Bank, citing deficiencies in the…

2 years ago

Bitcoin, Ethereum Up Slightly as Fed Looks to ‘Ease Policy’ in September

Bitcoin’s price is up following the Wednesday release of the U.S. Federal Reserve’s minutes from its July meeting, which suggests that…

2 years 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

Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill

During a recent closed-door meeting with House Democrats, Federal Reserve Chair Jerome Powell emphasized the need for Congressional involvement in…

2 years ago