News with the tag "Federal Open Market Committee"

U.S. Federal Reserve Chair Jerome Powell has issued a warning about the future of the American economy. While delivering opening remarks at the Second Thomas Laubach Research Conference in Washington DC, Powell noted that “longer-term inflation expectations” have driven up real interest rates , whic...

President Donald Trump is continuing his broadside against Jerome Powell, criticizing the Federal Reserve chair for not slashing interest rates. On Thursday, Trump took to his social media platform, Truth Social, to call Powell “a fool” who “doesn’t have a clue.” The day before, the Federal Open Mar...

Given the bearish state of the market and the recent Bitcoin price crash below $95,000, it’s unsurprising if many would believe that the end of the bull market is here. However, a crypto analyst negates this possibility, sharing details regarding the current position the market is in this bull cycle...

Bitcoin is now down around 11% after reaching its all-time high price of $108,135 on Dec. 17.

Spot Bitcoin ETFs will need to make an average of $301 million in net inflows per day to get it done this week.

A trio of Democratic senators want the U.S. Federal Reserve to cut the federal funds rate by 75 basis points this week. In a public letter penned to Fed Chair Jerome Powell, Elizabeth Warren (D-Massachusetts), Sheldon Whitehouse (D-Rhode Island) and John Hickenlooper (D-Colorado) argue that recessio...

Traders betting on Fed fund contracts are pricing in a 65% implied probability of rates cut to a 4.5-5% range. PLUS: Circle announces partnership with Polymarket

Digital assets manager CoinShares says crypto products bled out last week to the tune of $600 million. In its latest Digital Asset Fund Flows report, CoinShares says that institutional investors are likely reacting to a more “hawkish-than-expected” Federal Open Market Committee (FOMC) meeting last w...

Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said.

A newly published Reuters poll reveals that most economists concur: the U.S. Federal Reserve has likely capped its rate hikes. Yet, rate cuts aren’t anticipated until March 2024. This survey drops just as markets approach the annual Jackson Hole Economic Symposium scheduled for next week. All eyes a...