Federal Reserve
Federal Reserve Hikes Fed Funds Rate by 25 Basis Points
The move was fully anticipated by market participants who will now look to Chairman Jerome Powell’s imminent post-meeting press conference for clues about whether the central bank intends to continue tightening monetary policy.
By Lyllah LedesmaJul 26, 2023
Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July
A 25 basis point rate increase on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months.
By Omkar GodboleJul 25, 2023
Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar
While FedNow is currently not tied to any initiative for a digital U.S. dollar or the crypto space in general, experts warn that the system might end up as a precursor to the infrastructure for a central bank digital currency.
By Helene BraunJul 21, 2023
Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.
By Jack SchicklerJul 20, 2023
Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.
By Stephen AlpherJul 18, 2023
Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals
The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points.
By James RubinJul 17, 2023
Even as Inflation Risk Fades, Bitcoin Remains Stuck Below $31K
Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher.
By Stephen AlpherJul 12, 2023
U.S. Added 209K Jobs in June, Missing Expectations for 230K
The unemployment rate fell to 3.6% versus 3.7% in May and against expectations for 3.7%.
By Stephen AlpherJul 7, 2023
Crypto Catalyst Watch: FOMC Minutes, Jobs Numbers Lead Busy Slate of Economic Releases
In addition, the national ISM manufacturing survey, released during the long July 4 weekend, fell to its weakest level since May 2020.
By Stephen AlpherJul 5, 2023
Bitcoin Prices Are Hot, but Here’s What Could Crush the Rally
BTC has proved incredibly resilient to the perils of the past year, including FTX’s demise. But there are some macroeconomic surprises that could erect obstacles to further gains.
By Glenn Williams Jr.Jul 5, 2023
