Federal Reserve
Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application
The Federal Reserve has discretion in deciding whether to grant a master account, a judge ruled.
By Nikhilesh DeMar 29, 2024
Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year
Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection.
By Krisztian SandorMar 20, 2024
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
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.
By Krisztian SandorMar 19, 2024
U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans
The Federal Reserve chairman said his agency isn't anywhere close to making any recommendations and wouldn't want any direct connection to retail users' data.
By Jesse HamiltonMar 7, 2024
Bitcoin's Price Rally May Add to Inflation. Here's Why
The so-called wealth effect from unrealized crypto-market gains, which is estimated to be stronger than stocks, could boost consumer spending and inject demand-pull inflation into the U.S. economy.
By Omkar GodboleMar 5, 2024
Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again
Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd and Mike Braun filed a bill titled "The CBDC Anti-Surveillance State Act."
By Amitoj SinghFeb 27, 2024
U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength
Despite some fears in government circles that crypto could undermine the dollar, the Fed governor said that the use of dollar-dependent stablecoins can boost the dollar's reach.
By Jesse HamiltonFeb 15, 2024
Fed Leaves Rates Unchanged, Sounds Hawkish Note on March
Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook.
By Stephen AlpherJan 31, 2024
Markets 'Too Optimistic' About Fed Rate Cuts: JPMorgan Asset Management
"The market may be too optimistic as we see limited evidence of disinflation in certain areas that are a focus for the Fed," strategists said, explaining a potential for a decline in risk assets.
By Omkar GodboleJan 31, 2024
Arthur Hayes Foresees 30% Bitcoin Crash Amid 'Vicious Washout.' Here's Why
Markets may relive last year's U.S. banking crisis as a crucial funding program is set to expire, Hayes said.
By Krisztian SandorJan 5, 2024