Bitcoin’s $100,000 year-end hope divides analysts as inflation clouds outlook
Bitwise sees a potential return above $100,000, while LO:TECH expects a narrower trading range as interest-rate uncertainty weighs on the market.
Federal Reserve
Goldman pivots, now forecasts Fed rate hike in October
The Fed is likely to raise rates by 25 basis points in October, Goldman said, drawing attention to Fed’s own hawkish near term rate projections.
Fed raises rates by 25 basis points in first hike since July 2023
The widely expected move places the U.S. Federal Reserve’s benchmark fed funds rate range at 3.75%-4.0%.
Economist explains why the Fed rate hike will be ‘catastrophically wrong’
As markets brace for a widely expected Federal Reserve interest rate increase, macroeconomist Henrik Zeberg has warned that the move … Continue reading
The post Economist explains why the Fed rate hike will be ‘catastrophically wrong’ appeared first on Finbold.
Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine
An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish message risks destroying the central bank’s inflation-fighting credibility.
Bitcoin breaks above $60,000 after Fed Chair Warsh said inflation risks has come down
The Fed chair reiterated the central bank’s commitment to its 2% inflation target while signaling artificial intelligence could reshape the economy and monetary policy.
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
The Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it’s now open for public comments.
Federal Reserve proposes limited master accounts long pursued by crypto firms
The U.S. Fed issued a revised proposal on the structure of payment accounts, taking the next step to build on an earlier pitch for so-called skinny accounts.
Trump orders government, Fed to review crypto firms’ access to payment rails
Donald Trump’s executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.
Senate confirms Kevin Warsh to Fed board ahead of expected Chair vote
Warsh’s confirmation to the Fed board positions the crypto-linked investor to replace Jerome Powell as chair amid inflation and digital asset policy debates.