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Category Federal Open Market Committee

MainNewsFederal Open Market Committee
Trio of US Senators Including Elizabeth Warren Ask Fed Chair Jerome Powell To Cut Rates by 75 Basis Points

Trio of US Senators Including Elizabeth Warren Ask Fed Chair Jerome Powell To Cut Rates by 75 Basis Points

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 t...
Bitcoin Holds Above $60K as Traders Warn of Sell-Off on 50 Basis Point Fed Rate Cut

Bitcoin Holds Above $60K as Traders Warn of Sell-Off on 50 Basis Point Fed Rate Cut

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 w...
$600,000,000 Leaves Crypto ETPs Following More-Hawkish-Than-Expected FOMC Meeting: CoinShares

$600,000,000 Leaves Crypto ETPs Following More-Hawkish-Than-Expected FOMC Meeting: CoinShares

Digital assets manager CoinShares says crypto products bled out last week to the tune of $600 million. In its latest Digital Asset Fund Flows repor...
Bitcoin Bounces Over $43K, Altcoins, Crypto Stocks Burst Higher as Fed Projects Rate Cuts Next Year

Bitcoin Bounces Over $43K, Altcoins, Crypto Stocks Burst Higher as Fed Projects Rate Cuts Next Year

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On Shaky Ground: Bitcoin’s Uneasy Stance Just Above $40,000 Ahead Of FOMC

On Shaky Ground: Bitcoin’s Uneasy Stance Just Above $40,000 Ahead Of FOMC

With a potential range forming, Bitcoin is barely maintaining its position above $40,000, contributing to the uncertainty in the crypto markets des...