At its September meeting today, the Fed lowered its policy rate by 25 basis points to a range of 4.00-4.25%. The bank announced that it anticipates two additional rate cuts in 2025. The new economic projections included notable revisions to the FED’s interest rate, inflation, growth and unemployment expectations: Interest Rate Projections (Year-End) 2025: 3.675%
Eric Trump is betting big on the fourth quarter. He says if the Federal Reserve cuts rates like everyone’s expecting, crypto stocks are going to rip higher… fast. “I just think you would potentially see this thing skyrocket,” Eric told Yahoo Finance, pointing to the usual year-end momentum in crypto. He says this moment matters
Following the FED’s announcement of its interest rate decision, Chairman Jerome Powell holds a live press conference. Here are all the current highlights from Powell’s speech: The unemployment rate remained low but increased. Inflation has risen recently and remains at slightly elevated levels. Job growth has slowed and downside risks to employment have increased. Economic
The Fed has resumed interest rate cuts after a nine-month hiatus, lowering the federal funds rate by 25 basis points to a range of 4% to 4.25%. According to the “dot plot” projection reflected in the decision text, two additional interest rate cuts are envisaged in 2025. While 9 out of 19 officials expected two
The strong demand for crypto-based ETFs brought new products, including a recently filed basis trade ETF for BTC and ETH. Defiance, one of the current ETF issuers, has filed with the US SEC for two additional ETFs tapping the basis trade. The ETF market will offer more complex products, as the carry trade strategy is
The U.S. central bank, as widely expected, cut the federal funds rate by 0.25% Wednesday, amid recent signs that the economy was faltering and needed a boost—and under relentless pressure from President Donald Trump. Bitcoin and other major digital assets traded largely flat in the immediate aftermath. The largest cryptocurrency by market capitalization was recently
The FED has finally announced its long-awaited interest rate decision. In line with expectations, the FED lowered interest rates by 25 basis points. Bitcoin’s first reaction after the decision is as follows: Meanwhile, US President Donald Trump is increasing pressure on the Fed. Having held interest rates steady since December, the Fed is choosing to
On Wednesday, the stablecoin market cracked into uncharted territory, vaulting past the $290 billion mark for the first time ever after padding its coffers with more than $4 billion in fresh capital over the past week. From USDT to RLUSD, Every Fiat-Pegged Token Joins the $290B Stablecoin Party Stablecoins are stealing the spotlight, complete with
The Fed’s interest rate decision, a crucial one for Bitcoin and altcoins, will be announced today. While it’s generally accepted that the Fed will cut interest rates, there’s speculation about whether it will implement a surprise 50 basis point cut. While the Fed’s interest rate decision is eagerly awaited, analysis firm QCP Capital said that